Kosovo’s Accession to the WTO – An Assessment of Potential Costs and Benefits

The Group for Legal and Political Studies (GLPS) has recently published a Policy Analysis entitled: ‘Kosovo’s Accession to the WTO – An Assessment of Potential Costs and Benefits’. In this time of globalization, countries are increasingly interested in participating and further integrating in the global economic system in order to benefit from the intensified economic inter-connectivity. The World Trade Organization (WTO) is an international organization responsible for regulating trade cooperation between nations and ensuring that free-trade rules and standards are put in place and are fully respected. According to the WTO agreement “any state or customs territory having full autonomy in the conduct of its trade policies is eligible to accede to the WTO on the terms agreed between it and WTO Members”. The Policy Analysis reflects and discusses the possible effects of Kosovo’s accession to the World Trade Organization, elaborating in detail the potential benefits that WTO may entail for Kosovo. The Analysis also reflects upon the potential costs of Kosovo’s accession to WTO and challenges during this process. Among other issues, it provides a set of policy recommendations which would result on greater advantages to the Kosovo market from the WTO accession. To access the Analysis, please click here.