EU in joint launch of WTO negotiations for green goods agreement

EU News 33/2014

Brussels, 24 January 2014
IP/14/71

In the margins of the World Economic Forum in Davos the EU, together with 13 other WTO members, today pledged to launch negotiations in the WTO on liberalising trade in so-called 'green goods'. The initiative builds on the ground-breaking success of the 9th WTO Ministerial in Bali last month.

The aim of this initiative is to eliminate tariffs on a broad list of green goods. The discussions will not start from scratch but will build upon the APEC list of 54 green goods. Talks will first focus on goods, but the WTO members behind the initiative hope to create a 'living agreement' that will grow and evolve according to future needs, thereby making it possible to address other barriers to trade in green goods and services.

Source and additional information:
http://europa.eu/rapid/press-release_IP-14-71_en.htm?locale=en

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