Negotiations on WTO Environmental Goods Agreement

By Joseph R. Fonseca
Tuesday, July 08, 2014
Fourteen WTO members launched plurilateral negotiations for an Environmental Goods Agreement

 

Fourteen WTO members launched plurilateral negotiations for an Environmental Goods Agreement on 8 July 2014 at the WTO. These members said the talks will promote green growth and sustainable development while providing impetus for the conclusion of the Doha Round.

The participants said the talks are open to any WTO member and that the results will be applied in accordance with the most-favoured nation principle, under which WTO members should treat their trading partners in a non-discriminatory manner. Taking part are Australia, Canada, China, Chinese Taipei, Costa Rica, the European Union, Hong Kong China, Japan, New Zealand, Norway, Singapore, the Republic of Korea, Switzerland and the United States, which make up 86 per cent of global environmental goods trade.

"I am pleased that a group of WTO Members have begun negotiations to liberalize trade in environmental goods. I understand that the 14 WTO Members involved in these talks account for nearly 90 per cent of world trade in the environmental goods covered by the initiative so far," said Director-General Roberto Azevêdo.

"Those involved made it clear that these negotiations on environmental goods are open to all WTO Members and that all Members would benefit from the tariff reductions that arise from any agreement. Above and beyond the economic benefits that enhanced trade in environmental goods will deliver, we remain conscious of the positive role that trade can play in environmental protection. The topic of environmental protection is of utmost importance in the WTO and the liberalization of environmental goods is also a significant element of negotiations under the Doha Development Agenda."

The talks will build on a list of 54 environmental goods put together by the APEC countries — the Asia-Pacific Economic Cooperation forum — in 2012 to reduce import tariffs to 5 per cent or less by the end of 2015. These include wind turbines, air quality monitors and solar panels. Negotiators said that they will meet regularly to discuss substance and product coverage.

The first phase of the negotiations aims to eliminate tariffs or customs duties on a wide range of environmental goods. A second phase will address the bureaucratic or legal issues that could cause hindrances to trade – known as non-tariff barriers – and environmental services, negotiators said.

These talks take place while WTO members consult with each other on how best to advance the trade and environment talks so that agreement can be reached on a work programme for early conclusion of these negotiations. Efforts to agree such a programme are part of the broader task of agreeing by December 2014 on a work programme to conclude the entire Doha Round, which was launched in the Qatari capital in 2001. Ministers mandated the year-end completion of the Doha work programme at the December 2013 Bali Ministerial Conference.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

MISC Publishes its 2015 Sustainability Report

MISC Berhad (MISC) today announces the publication of its 2015 Sustainability Report, covering the Company’s commitment, strategy and performance for the year ended

Admiral of the Ocean Sea Award Recipients Named

The United Seamen's Service (USS) 2016 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Arthur E. Imperatore, Founder and President of New York Waterways; Donald Marcus,

Orca Energy ESS to Power Fish Farm Support Vessel

Grovfjord Mek. Verksted AS (GMV) has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a fish farm support vessel called GMV ZERO.

News

“Twiggy” Baker Wins BWT Puerto Escondido Challenge

Grant “Twiggy” Baker (ZAF) claimed victory today at the Puerto Escondido Challenge, besting a field of 24 of the world’s best big wave surfers in towering 20-to-35

Winners of International Seafarers' Welfare Awards

The winners of ISWAN's International Seafarers' Welfare Awards 2016 were announced on 24th June at a high-profile ceremony held in Manila, the Philippines. The

Blue Angels Resume Schedule

The U.S. Navy Blue Angels will return to its 2016 demonstration schedule July 2-4 in Traverse City, Mich., Commander, Naval Air Forces announced. The Blue Angels temporarily stood down,

Logistics

More PPPs Needed to Enhance Dubai Maritime

The Marine Advisory Council has met to discuss the best ways to continue leading the march to excellence pursued by the Dubai Maritime Authority in upgrading the

210 Ships Pass Through Suez Canal Last Week

Suez Canal traffic data revealed that 210 ships transited the canal, with a total load of 12.8m tonnes, from 19 to 23 June.   An average of 42 ships transited the canal per day during that period,

Maersk Takes Coffee Very Seriously

Maersk acknowledges that coffee is very special, mainly in regards to the processes and requirements involved for it’s shipping. "So we have adapted the way we work so we can meet your needs,

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0834 sec (12 req/sec)