Ukraine has become a member of the Advisory Center on WTO Law (ACWL), the Ukrainian Economy Ministry's press service has reported.
According to the report, the protocol on Ukraine's accession to the Agreement Establishing the ACWL entered into force on August 28, 2021, and Ukraine officially became a member of this international organization and can use its services.
The ministry said that membership of the ACWL provides for the possibility of obtaining free legal advice on WTO law, legal assistance in resolving disputes within the WTO for a fee of 40% to the established hourly base rate, as well as free training services on WTO law.
The use of the services of the Advisory Center on WTO Law will strengthen Ukraine's human resources and institutional capacity to protect its rights and interests in the trade and economic sphere, in particular, in resolving disputes within the WTO, and will help eliminate trade barriers and save budget funds.
The ACWL was established in 2001 pursuant to the Agreement Establishing the ACWL as an organization independent of the WTO. The ACWL's mission is to provide developing countries and LDCs with the legal capacity necessary to enable them to take full advantage of the opportunities offered by the WTO. Today, 12 developed countries and 39 developing countries are members of the ACWL.