The WTO: The other side of The Trade War Oscar Ugarteche

The World Trade Organization was launched by the United States in 1990 leading up to the 1994 Marrakech Conference with the goal of opening economies and increasing world trade flows. The mechanism was the arbitration tribunals. Now with the process of globalization in retreat, it has made these tribunals inoperative and is dismantling the multilateral body. Closing the WTO courts makes sense for the country against which there are more complaints from more countries, and which also does not believe in free trade. It also does not believe that there is legitimate jurisprudence outside its country, because of the principle of exceptionality.

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