Addressing for Corporate Malpractice in the Transnational Supply Chain: Prospects for Redressal in Pakistan
Authors
AHMAD TALHA, TAYYABA SARDAR, MUDASSR AHMED and RABIA SARDAR
Abstract
Because of the proliferation of cross-border trade and supply chains brought about by globalization, the researcher felt compelled to write legislation to address the problems caused by fraud in business dealings. But by giving governments recommendations for how to pass their own legislation, the WTO is actively working to combat supply chain fraud. A lack of an efficient legislative framework to deal with commercial frauds in the international supply chain persists, despite Pakistan's efforts to address the issue through legislative reforms and in accordance with WTO norms. Consequently, this research draws attention to supply chain disputes and analyses why current national mechanisms to settle these disputes aren't working by evaluating current legislation through the perspectives of ITL and IL. Within this framework, this research draws attention to the most pressing concerns and makes recommendations for how current legislation may be improved. According to this research, Pakistan's current legislative framework needs updating so that a proper system and structure may be put in place to detect supply chain and international trade fraud.
Keywords: World Trade Organization, Trade Policy, International Trade Law, International Supply Chain, Human Resource, Statistical Economic Approach.