GATT, WTO and the Regulation of International Trade in Textil... - 9781138315020

Taylor & Francis

Published in 1997, this book is an attempt to analyze the legal structure of GATT and the World Trade Organization as well as those agreements which control trade in textiles. > Published in 1997, in this book an attempt has been made to analyze the legal structure of GATT and the WTO as well as those agreements which control trade in textiles. One of the GATT\u2019s major failures was its inability to come into line with the new economic reality and the needs of those states who created this system for controlling international trade. Trade in textiles was an excellent example of this. Now, the WTO aims to overcome this problem thanks to its greater pragmatism and its search for solutions to free trade difficulties. The WTO is not, however, the perfect solution. Its highly political character allows room for improvement even though the key to its success still lies with the effective cooperation of member states. As for the textile sector, this new panorama for trade in goods pro.