ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Pradeep Kr GuinSubscribe to Pradeep Kr Guin

Issues on Trade in Environmental Goods and Services

This paper attempts to conceptualise environmental goods and services in the context of negotiations under the auspices of the World Trade Organisation. It lists the items and examines the structure of trade for select countries including India. The analysis shows that while there is no agreement on an acceptable definition of environmental goods, a number of submissions on the list of items that could be categorised as such have been proposed, with an emphasis on greater reduction commitments under the WTO agreements. It is observed that a number of environmental goods that are of export interest to developing countries like India have been left out and at the same time a large number of other items that are not strictly in the realm of environmentally preferable goods are included. Hence, a decision at the WTO would have to be suitably negotiated such that there is a consensus on the conceptual parameters for environmental goods while giving member countries the leverage to decide on the list of environmentally preferred commodities, as per their domestic requirement and export interests.
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