Dispute settlement mechanisms provided by the association agreements concluded by the European Union with third countries
The rapid development of regional trade liberalization - process which leads to the emergence of institutional mechanisms for interstate cooperation. The Association Agreement between Ukraine and the EU - the largest international legal instrument.
| Рубрика | Государство и право |
| Вид | статья |
| Язык | английский |
| Дата добавления | 26.09.2021 |
| Размер файла | 24,6 K |
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An analysis of the recent agreements signed with Ukraine, Georgia, and Moldova suggests that the approach to regulating dispute settlement mechanisms is largely uniform. Differences in the details of dispute settlement mechanisms may indicate that the parties are concerned about the likelihood and intensity of disputes.
It is safe to say that there is no universal model for resolving disputes in association (and stabilisation) agreements. However, among the agreements submitted for consideration, the greatest similarity of dispute settlement mechanisms can be traced in the agreements concluded within one policy area and region.
The process of resolving the first Ukraine-EU trade dispute in Ukraine regarding national restrictions on timber exports has been studied. Notably, the European Union, for the first time in its practice, applied the mechanism for resolving trade disputes and initiated the establishment of arbitration in accordance with the provisions of the Association Agreement. According to the EU, there have been attempts to resolve the dispute over the export of raw timber through negotiations, but this has not yielded any results. This dispute is the first commercial dispute to be resolved through an arbitration procedure under the Association Agreement. Currently, this dispute is procedurally at the stage of studying the positions of the parties.
References
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