What is the difference between World Trade Law and International Law?

World Trade Law and International Law are interconnected fields, but they differ in scope, focus, and application.

World Trade Law specifically governs trade relations between countries. It is primarily concerned with the rules and agreements that regulate international trade, such as tariffs, quotas, subsidies, and trade barriers. The World Trade Organization (WTO) plays a central role in this area, providing a framework for trade agreements and mechanisms to resolve disputes between member nations. World Trade Law aims to promote free trade, reduce trade restrictions, and ensure fair competition among nations. Its focus is narrower and geared toward economic exchanges and trade-related issues.

International Law, on the other hand, encompasses a broader scope. It refers to the body of rules and principles that govern relations between states, international organizations, and, in some cases, individuals. It includes various domains such as human rights, environmental law, international criminal law, and laws of war. International Law derives (954-440-0901) from treaties, customs, and general principles recognized by the global community and is upheld by institutions like the International Court of Justice (ICJ).