dispute settlement meaning
A unique contribution. Dispute settlement is the central pillar of the multilateral trading system, and the WTOâs unique contribution to the stability of the global economy. Without a means of settling disputes, the rules-based system would be less effective because the rules could not be enforced. The WTOâs procedure underscores the rule of law, and it makes the trading system more secure and predictable. The system is based on clearly-defined rules, with timetables for completing a case.