Rio Declaration On Environment And Development

Rio Declaration on Environment and Development in Global Commerce Policy

In this regard, rio declaration on environment and development is: a set of principles aimed at protecting the integrity of the global environmental and developmental systems adopted on 14 June 1992 at a meeting of UNCED (United Nations Conference on Environment and Development) in Rio de Janeiro. Principle 12 is relevant to international trade. The entries on trade policy are here. It holds that “States should cooperate to promote a supportive and open international economic system that would lead to economic growth and sustainable development in all countries, to better address the problems of environmental degradation. Trade policy measures for environmental purposes should not constitute a means of arbitrary or unjustifiable discrimination or a disguised restriction on international trade. The entries on trade policy in the Encyclopedia are here. Unilateral actions to deal with environmental challenges outside the jurisdiction of the importing country should be avoided. The entries on trade policy are here. Environmental measures addressing transboundary or global environmental problems should, as far as possible, be based on an international consensus.” Principle 12 of this Declaration is mentioned as a relevant text in the terms of reference for the WTO Committee on Trade and Environment. See also Agenda 21.[1]

Rio Declaration on Environment and Developmentin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Rio Declaration on Environment and Development” entry (OAS)

See Also