On New Domain Of The International Competition Law-WTO And Its Rules

The establishment of WTO marked that the all Governments were confident to reform the system of the multilateral trade for promoting the development of the world`s economy, and leading more trade and investment between contracting countries, and adding the national employment and income of contracting countries. The greatest contribution that WTO did for developing international trade was to afford the set of trade rules by treaties, which had been recognized by all countries. The set of trade rules governed trade activities, trade-related investments and intellectual property rights between countries, which covered 90 per cent of the total world trade output value. The fields governed by the set of trade rules were so wide that all key elements of afecting market were considered. Peoples place high expections to the set of trade rules, because every place was brought into unified big market in the world.The author noticed, when the publics appraised WTO and the set of trade rules, they too much thought about link in the trade chain, they only determined it as nature of the rules of international trade law, but ignored its basic function to other fields in international economic law. The author thought that WTO initiated the free trade and the fair competition at the same time, and that the process of the trade going to freedom was the process of the competition going to fairness, both the free trade and the fair competition were two sides of keepping the order of the international economy. So, for regulating the order of the international economy, we have to look closely at WTO and the set of trade rules again, we have to notice that the purpose of the set of trade rules were both the free trade and the fair competition, WTO and the set of trade rules regulated the international economy, and will exert a great influence to the international competition law.The author thought that the value of the set of trade rules were very extensive in law. The set of trade rules were basic rules of the international economic law, they not only were basic rules of the international trade law but were basic rules of the international investment law, the international intellecture property law, the international financial law, the international environmental law and the international imports and exports governing law. Above-mentioned the law of department all could obtain the basic point and the basic frame in the set of trade rules.