Trade Related Environmental Measures: A Threat to Developing Countries
Article from: OGEL Archive issue , in Roundup of Articles
Introduction
There are growing demands for the use of trade related environmental measures (TREMs) in ensuring the adoption of 'adequate', if not harmonised environmental standards within the GATT/WTO framework. Trade related environmental measures "are measures whose justification is primarily the protection of the environment but which takes the form of trade instruments".[1] The proposed measures, ranging from trade bans to eco-duties and border tax adjustment, may be adopted by any contracting party whose domestic market or industry is adversely affected by products from another ...