Dispute Resolution in International Economic Law

Dispute resolution mechanisms is an important part of international economic law agreements, and treaties, but they differ considerably. This research paper reviews and focuses on different types of dispute resolution mechanisms with in different countries and the methods of dispute resolution mechanism used by the countries to maintain better peace and trade activities, which lead to world economic stability, and how these dispute resolution systems helped these countries to be stronger in their trade and economic practices. The research paper will also discuss the history and present situation of dispute settlement mechanisms and their effectiveness in solving economic issues through various convention and treaties signed by the countries to maintain good trade practices The research project will also be focused on international organizations and forums like World Trade Organization and on various International conventions, etc., which have played a vital role in dispute settlement, The author in this research paper will also use a comparative and analytical approach to conclude the problems faced by the different countries in dispute resolution and their practices.