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Sustainable Development in Trade Policy

The globalisation of trade and economy and the internalisation of environmental problems are becoming more acute. Photo: FMThe globalisation of trade and economy and the internalisation of environmental problems are becoming more acute. Photo: FM

Finland assigns a high priority for trade and environmental questions. The need for combining the trade and environmental perspectives is getting more urgent as the problems related to the globalisation of trade and economy and the internalisation of environmental problems are becoming more acute.

Finland has argued for many years that Multilateral Environmental Agreements (MEA's) and WTO Agreements are an equally important parts of international law, neither of them being subject to the other and both having their own domain of validity. A primary objective of Finland is to negotiate an international settlement that gives expression to a wide political agreement on the role of the MEA's and the WTO as parts of good international governance.

Reduction or elimination of barriers to trade

During the Doha round, Finland has actively pursued the reduction or the elimination of barriers to trade - whether tariffs or non-tariffs - with respect to environmental goods and services as well as technology transfers. The adoption of Finnish initiatives would be beneficial for developing countries as it would make such goods, services and processes easier and cheaper for developing countries to acquire. This would strengthen the freedom of choice of developing countries to choose the specifics of their development strategies according to their own needs and priorities, as required by the goal of sustainable development.

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Updated 6/29/2010

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