The latest round of talks towards securing a tariff-cutting deal on select environmental goods made progress last week, trade sources say, with several participating countries presenting indicative lists of product nominations related to cleaner and renewable energy, as well as energy efficiency.
Following another discussion round next month, the talks for an Environmental Goods Agreement (EGA) could move into full negotiation mode in the second quarter of this year, officials confirmed, as long as the process continues to head in the right direction.
The U.S. and the EU are said to have tabled the largest lists of indicative product nominations in last week’s energy-focused round, with Australia, Canada, Japan, New Zealand, South Korea, and Switzerland also proposing products to include. China has not yet come forward with indicative product nominations for either this round or the ones preceding it, although it reportedly promised to do so for the EGA’s next session in mid-March, citing the need for more time in order to coordinate internally. Click here to read more.