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Perspectives: Let’s carefully embrace ‘conditional’ trade

The European Union and United Kingdom are among those actively reconsidering the traditional links between trade policy and broader public policy objectives such as tackling climate change. While not without risks, conditioning access to one’s market on a trading partner addressing such global challenges seems the best way forward to …

Canada and CETA EU Carbon Border Measure Latest news

IISD: Canada, EU should seek negotiated agreement on border carbon adjustment

Canada is preparing to introduce a carbon border adjustment measure whose contours are not yet known. Canada and the European Union vowed at a bilateral summit mid-June to “exchange on respective approaches to carbon pricing and WTO-compatible border carbon adjustments”. A think tank is now making concrete proposals on how …

EU Carbon Border Measure Latest news

Commission: CBAM “fully in line with international trade rules”

The European Commission says its proposed Carbon Border Adjustment Mechanism complies with the World Trade Organization rule-book. The proposed regulation obliges EU importers of cement, electricity, fertilisers, iron & steel, and aluminium from third countries to purchase annual emission allowances. Their cost will depend on the degree of emissions embedded …

EU Carbon Border Measure Exclusive Interviews health United States World Trade Organization WTO crisis and reform

James Bacchus: The WTO simply must prove that it can do something, not just talk

James Bacchus spoke with Rob Francis about the European Union’s carbon border adjustment mechanism, trade in medicines and medical products, how the Biden Administration is progressing on trade policy – and the World Trade Organization in all this.