Alan Yanovich Quoted in Swiss Publication on WTO Milestone
Akin Gump international trade senior counsel Alan Yanovich was quoted in the Swiss publication l’Hebdo, in an article examining the World Trade Organization (WTO) on its 20th anniversary. The article, “Genève: l’OMC abrite une usine à traiter les plaintes commerciales,” notes that the WTO is about to pass a key milestone of 500 complaints, and much of its success is due to the effectiveness of its courts.
Yanovich said, “The system in place is unique. To this day, it is the best that has been invented in the world.” Yanovich, who is a former WTO lawyer, added, “I always advise my clients to go to the WTO rather than another international tribunal.”
Aware of the growth in popularity of the WTO for deciding various disputes, the organization recently bolstered its legal teams. Yanovich described the effort as “exceptional in light of budget constraints,” but said the WTO still has to recruit experienced arbiters if it wants to remain viable, which he noted, is complicated given the strong competition from the private sector.