AN EVALUATING OF THE ACWL AND SUGGESTIONS ON IMPROVING ITS EFFECTIVENESS

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These trade barriers are instruments used by the developing countries to gain profits in the expense of the weaker States. This attitude is also called cheating by the developed countries. If goods are allowed to move freely the world would have more wealthy nations “All nations would be wealthier in a world that allows goods to move unfettered across national borders. Yet single nation, or groups of nations could improve its position by cheating- erecting trade barriers and restricting imports” Stein A (1982).
For least developed countries and developing countries to achieve success in terms of trading, developed countries need to remove the stringent barrier hindering the trading terms to create a level playing field for all. These barriers include import quotas, tariffs and export subsidies. Developed countries imposed these laws on the agricultural sector, clothing and textile sectors of the least developed and developing countries, which has created a wide gap in terms of wealth and poverty. More countries are still suffering from the effects of these trading laws. According to Mazzacano, P.J. (2004), “If trade is to benefit the LDCs and the developing countries, more must be done to make them full and equal participants in the world economy, particularly in the agricultural sector and the clothing and textile industries. The industrialized countries need to remove their trade barriers in order for LDCs and developing countries to accrue the benefits of free trade and market liberalization.”
The WTO, who is supposed to help reduce the stress involved in trade between countries, has not been able to do anything positive in reducing or eliminating these trade barriers because the developed countries trade mainly with them...

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...(WT/DS27/R and T/DS27/AB/R).
WTO Secretariat, Overview documents are issued four/five times per year and give a general overview of the latest situation, .
WTO website, Dispute settlement pages, in particular, “Disputes by country” and Chronological list of Disputes cases,” .
The ACWL after four years – progress report by the Management Board. Oct 2005, .
Report on operations, 2005. Jan 2006, .
WAGE Conference on “WTO dispute settlement and developing countries”, held at the Centre for World Affairs and the Global Economy (WAGE), at the University of Wisconsin-Madison, in
May 2005, . Papers presented by:

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