Customs attorney, what types of trade disputes are there?

Hello. I am a customs attorney at Daeryun Law Firm.

Trade disputes refer to disputes related to the export and import of goods. The types of trade disputes can largely be divided into trade policy disputes and contractual disputes.

Trade policy disputes arise from differences in policies between countries. This type of dispute mainly relates to import/export regulations, tariffs, and non-tariff barriers.

For example, when a country imposes high import duties to protect its domestic industry, or restricts exports to a particular country, such policies often cause conflicts with trading partners.

Representative examples include numerous trade disputes handled by the WTO (World Trade Organization). Such disputes are resolved based on international law and norms, and arbitration is conducted through the WTO dispute settlement procedure.

In addition, contractual disputes are mainly issues that arise between companies, and are conflicts related to the performance, interpretation, or breach of trade contracts.

Disputes can arise when conditions regarding the quality of goods, delivery time, or payment method in import/export contracts are unclear or when contracts are breached.

For example, if a supplier fails to provide the contracted goods on time, or if the quality of the exported goods does not match the contract, non-performance of the contract may become an issue.

In such cases, disputes can be resolved through arbitration procedures or court procedures specified in the contract.

Methods of resolving trade disputes may vary depending on the legal and economic conditions of the country and company, but generally, they can be resolved through international arbitration, legal litigation, negotiation, etc.

You can resolve trade disputes more quickly and efficiently with the help of our firm's customs attorney, so please visit your nearest Daeryun office to request a consultation.