O o d h e a d p u b L i s h I n g L i m I t e d

2.8
Application of commercial regulations
IWTO has developed a series of other documents that are used in conjunction
with these test methods to resolve disputes between trading partners:
• IWTO Blue Book;
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 and
• IWTO Regulations.
The International Wool Textile Arbitration Agreement, set out in the Blue
Book, provides for the resolution of disputes arising between partners from
different countries. Such a procedure ensures a fair and efficient settlement
by the involvement of committed and experienced arbitrators from the industry.
The Blue Book is regularly reviewed to reflect the current commercial practice
and requirements.
Associated with each IWTO TM are Regulations which govern their
application, interpretation and other procedures associated with their use.
These regulations include formal procedures and technically determined criteria
for assessing the validity of test results subject to dispute or suspected to be
in error.
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