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Sustainability And Trade Agreements

10 oct Sustainability And Trade Agreements

On 22 February 2018, a 15-point non-document on measures to enhance the effectiveness of the implementation of the trade and sustainable development chapters and to improve their enforcement. The Commission services regularly prepare updates on the implementation of the 15-point action plan. The Free Trade Agreement between New Zealand and Korea contains an indicative list of areas of cooperation in the field of the environment (Annex 16A), such as cooperation in international for a, exchange of information on environmental legislation, norms and standards, and exchanges of views between the parties on the relationship between MEAs and international trade rules. In addition, the two sides exchanged a list of environmental priorities with detailed plans on how to meet them. Such a clause would allow agreements to be suspended or terminated if a party fails to comply with its obligations under the sustainable development provisions. .

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