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Chapter Summary

The World Trade Organization (WTO) and its substantive regulations have brought about a comprehensive system of international trade regulation. They develop a progressive dynamic which is not confined to the field of genuine economic regulation, but also touches upon other policy areas, such as, in particular, international environmental policies as well as the questions of international social standards and human rights. The fact that the whole system includes a built-in agenda for further development contributes to this kind of dynamic. In the context of the fourth Ministerial Conference at Doha, representatives of the Members agreed on 14 November 2001 on a new round of negotiations. The trade round's agenda already shows that the different interest groups among the WTO Members had to lower considerably their expectations with regard to their positions and to accept compromises.

Keywords: economic regulation; human rights; international environmental policies; international social standards; World Trade Organization (WTO); world trade round



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