From the early days of the Silk Road to the formation of the modern economy, trade relations offered a sphere of conflicting interests. The way of settling such disagreements is through a neutral procedure based on a legal foundation that is accepted by all parties. To meet the aforementioned requirement, The World Trade Organization (WTO) was founded in 1995 in Geneva. Since then, it is the only global organization that deals with the rules of trade between countries. The WTO is a platform that provides the member states with the opportunity to negotiate trade issues while promoting open trade, interpreting WTO agreements, supervising national trade policies, and last but not least; settling trade disputes that may arise between states.
This time, the Panel will resolve one of the most famous yet challenging commercial disputes over international trade law. The Beef Hormones Dispute between the United States and European Communities is one of the most remarkable cases of the WTO due to numerous reasons. Yet, being the very first test case of issues such as non-discrimination, risk assessment, non-tariff barriers, or precautionary principle; particularly contributes to its significance.