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Trade, Environmental Policies Must Work Together, Says WTO Chief

Posted April 30, 2015

Under Economic Issues, International Trade Issues

(The Dollar Business)

“Trade will continue to be a key engine of growth in the coming years. Without trade, it is difficult to see how the world can provide for the additional 2 billion people expected by 2050, and respond to the urgent need to improve living standards, particularly for the poorest,” said Roberto Azevêdo, Director-General, WTO (World Trade Organisation).

Speaking at a joint WTO-UNEP (United Nations Environment Programme) event “20 Years of Building Pathways to Sustainable Development” on April 28 at the WTO headquarters, the DG said, “The world has to devise practical and realistic ways to make trade and environmental policies work together, both at national and international levels,” and added, “WTO is taking steps to tackle this through our negotiating agenda.”

WTO members have been discussing ways to achieve fewer and lower trade barriers on key environmental goods and services — which is part of the Doha Development Agenda. Independently a group of members, who together account for the majority of global environmental goods trade, launched a process to eliminate tariffs on these goods last July, the DG said. Click here to read more.