Trade and sustainable development. 1. The Parties reaffirm their commitment to promoting the development of international trade and investment in such a way as to contribute to the objective of sustainable development and shall strive to ensure that this objective is realised in the relevant areas of their economic relationship.
Trade and sustainable development. Article 9.1
Trade and sustainable development. Article 151 Context and objectives
Trade and sustainable development. Article 267.
Trade and sustainable development. The Trade and Sustainable Development (TSD) chapter lives up to the highest standards for chapters in other modern agreements such as those with Mexico or Japan. The basis is the premise that increased trade should not come at the expense of the environment or labour conditions. On the contrary, it should promote sustainable development. The Parties agree that they should not lower labour or environmental standards in order to attract trade and investment. They also agree that the trade agreement should not constrain their right to regulate on environmental or labour matters, including in situations where scientific information is not conclusive. The Parties commit to respecting International Labour Organization Conventions on: - Forced and child labour - Non-discrimination at work - Child labour - Freedom of association and the right to collective bargaining In addition, there are commitments on health and safety at work and labour inspection. Both sides also agree to respect multilateral environmental agreements that they have signed such as the CITES Convention on wildlife trade and to work together on their implementation. In a specific article on climate change, they agreed to strong language committing to effectively implement the Paris Agreement and to cooperate on the trade- climate change interface. Commitments are included on fighting against deforestation. Private sector initiatives strengthen these commitments, for example not to source meat from farms in recently deforested areas. The Trade and Sustainable Development chapter includes commitments regarding the sustainable management of forests as well as on responsible business conduct. It safeguards relevant initiatives on sustainable agriculture, including EU private sector actions on zero deforestation supply chains and producer-led initiatives, such as the soy moratorium in Brazil to limit the expansion of soy plantations in forestland. The Parties also commit to promoting corporate social responsibility/responsible business conduct, in line with international guidance such as that of the OECD or the UN (UN Guiding Principles of Business and Human Rights). The chapter also includes thematic articles on trade-related aspects of natural resources such as biodiversity, forests and fisheries, including combatting illegal logging and illegal, unregulated and unrecorded (IUU) fishing. The agreement lists a number of areas of potential cooperation with a view to ensuring that trade supports the s...
Trade and sustainable development. 1. The Parties recognise that social and economic development and environmental protection are interdependent and mutually reinforcing. They reaffirm their commitment, with due regard to their respective levels of development, to enhancing the integration of sustainable development, which consists of economic development, social development and environmental protection, in every aspect of their trade relations in order to promote sustainable growth. To that end, the Parties shall encourage in their trade relationships a high level of environmental, social and labour protection in particular those commitments specified in Article 54 and Chapters 1 to 3 of Title V, and in Chapter 2 of Title III under this Part II, to achieve the objectives of the agreed Sustainable Development Goals under the 2030 Agenda for Sustainable Development. The Parties further agree that environmental and social measures should not be used for protectionist purposes.
Trade and sustainable development a) The TCA reconfirms the longstanding commitment of Canada and the United Kingdom to sustainable development and is designed to xxxxxx the contribution of trade to this objective.
Trade and sustainable development. This Chapter contains mutual commitments to ensure trade and investment are not pursued at the expense of sustainable development and social objectives. The Parties reaffirm their existing international commitments and commit to cooperate on promoting sustainable development. A Committee for Trade & Sustainable Development is established for consultation, co-operation and dispute resolution, with obligations to publicise the findings. A Civil Society Forum is established to assist its operation. These provisions are seen to be reasonable in principle but the provision of ‘sanctions’ to enforce the provision on the environment and sustainable development are controversial and a potential attack on UK sovereignty where tariffs could be reapplied or other punishments levied should the EU decide the UK contravenes its responsibilities – in the opinion of the EU. This would require careful and robust negotiation to find an acceptable text. 23. Trade and Labour 23. Trade and Labour
Trade and sustainable development. Article 5.1: Context and Objectives
Trade and sustainable development. The chapter includes all of the key elements of the EU approach and is in line with the level of ambition of the chapters concluded in other recent EU FTAs. Notably, it provides for: • commitments to key international instruments on labour and environment: - effective implementation of the 4 groups of ILO core labour standards as covered by the 1998 ILO Declaration on Fundamental principles and Rights at Work - effective implementation of ratified ILO Conventions - effective implementation of Multilateral Environmental Agreements – including the UN Framework Convention on Climate Change and the Paris Agreement • continued and sustained progress towards ratification of non-ratified fundamental ILO Conventions; • the prohibition of relaxing domestic labour and environmental laws to attract trade and investment; • commitments to the conservation and sustainable management of natural resources, addressing biodiversity (including combating illegal wildlife trade), forestry (including fighting against illegal logging), and fisheries (including combating illegal, unreported and unregulated (IUU) fishing); • the promotion of Corporate Social Responsibility and other trade and investment practices supporting sustainable development; • a dedicated institutional set-up, including mechanisms for the involvement of civil society in the implementation of the chapter, both domestically (consultation of "domestic advisory groups") and jointly ("joint dialogue with civil society"); • a tailored mechanism for the resolution of disputes, including governmental consultations and recourse to an independent panel of experts.
