Global trade deal on green goods

Published March 23, 2014

WASHINGTON: The United States has said it was planning to begin negotiations with other leading trading countries for a deal to cut tariffs for green goods like solar panels.

The office of the US Trade Representative said it had officially notified Congress of the plan to open talks for a new pact on environmental goods under the World Trade Organisation.

“By eliminating tariffs on the environmental technologies we need to keep our air and water clean, for example, we can make them cheaper and more accessible to everyone,” said US Trade Representative Michael Froman. “An agreement on environmental goods can make an importantcontribution to the domestic and international environmental protection agenda.”

Earlier this year the US reached agreement with 13 other WTO members to launch talks on a trade pact for environmental goods. The 13 plus the United States account for 86 per cent of the $1 trillion annual global trade in environmental goods.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...