Guiding Principles Concerning Environmental Policies

Guiding Principles Concerning Environmental Policies in Global Commerce Policy

In this regard, guiding principles concerning environmental policies is: an OECD recommendation adopted on 26 May 1972. The five principles it contains deal mainly with the international economic and trade implications of environmental policies. First, costs of public measures to reduce pollution and to allocate resources better should be met through the polluter-pays principle. Second, it encourages harmonization of environmental standards, though it allows that this may be difficult to achieve. The entries on trade policy are here. In any case, it deems striving towards more stringent standards as desirable. Measures to protect the environment should avoid the creation of non-tariff barriers to trade. Third, measures to protect the environment should be applied in accordance with the principles of national treatment and non- discrimination, described as identical treatment for imported products regardless of their national origin. Fourth, procedures should be established for checking conformity to product standards. The fifth principle is that differences in environmental policies should not lead to the introduction of compensating import levies or export rebates. See also trade and environment.[1]

Guiding Principles Concerning Environmental Policiesin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Guiding Principles Concerning Environmental Policies” entry (OAS)

See Also