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New Role for the WTO

P. K. Rao
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P. K. Rao: Center for Development Research

Chapter 8 in The World Trade Organization and the Environment, 2000, pp 165-176 from Palgrave Macmillan

Abstract: Abstract Much of the approach and specifications in the WTO charter regarding the environment is at best one of conciliation and concession rendering rather than one of recognition of direct and indirect linkages between economic and environmental features, their dynamic interdependence and the design of policies with less than impatient exploitation of resources of the planet. Despite an eloquent statement in the preamble to the WTO Article of Agreement, little else seems to contribute to that proposed foundation. No doubt, the WTO is not to be deemed as an environmental protection agency and that it should maintain its focus on the governance of the multilateral trading system as per its charter. This assertion also specifies a duty to act: the specified tasks include, inter alia, coherence with within and across various articles of the WTO charter. The WTO working rules cannot ignore the foundation in the preamble. Such a mechanism is not expected to enhance the functioning of the institution nor its contribution to the stated objectives.

Keywords: World Trade Organization; Uruguay Round; Multilateral Trade; Global Environmental Problem; Trade Dispute (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-99395-8_8

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DOI: 10.1057/9780333993958_8

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