Fourthly, we should draw into honesty and trustworthiness mechanism, mediative mechanisms among association and perfect the diversification of disputing settlement mechanism.
In the WTO dispute settlement system, the specific dispute settlement methods include consultation, mediate, reconcilement, litigation and arbitration.Among these methods, arbitration is used broadly.
If the parties renegue or fail to execute the agreements within the time limit after the agreement is reached, the mediation shall be regarded as failing.
The intercessory system of people's court with low cost and high efficiency is a good way to solve problems such as cunctative lawsuit, waste of litigation resources and realization of justice.