USTR Calls for Public Comments on Proposed EGA

The US Trade Representative recently told the Congress that the administration is intending to hold international negotiations relating to an Environmental Goods Agreement. The negotiations will be held under the ambit of the World Trade Organization (WTO). The aim of the agreement is to remove import tariffs on products in participating countries, which will help protect as well as conserve the environment.
Towards the end of January 2014, the US along with 13 WTO countries made an announcement that they would soon begin negotiating an agreement to do away with import tariffs on goods which protect and conserve the environment or prevent climate change. All WTO members (159 at present) can take part in the negotiations. The negotiations will begin by addressing 54 environmental products endorsed by an Asia-Pacific Environmental Co-operation (APEC) discussion in 2012. The goods range from instruments for monitoring pollution, biomass boilers to wind turbines.

There will be a public hearing on the matter on 5 June 2014. You can be a part of the hearing if your company makes environmental goods and if those goods are liable for import tariffs or if you think you may have to pay tariffs on the products in the future.
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Summary : The US Trade Representative recently told the Congress that the administration is intending to hold international negotiations relating to an Environmental Goods Agreement. The negotiations will be held under the ambit of the World Trade Organization (WTO). The aim of the agreement is to remove import tariffs on products in participating countries, which will help protect as well as conserve the environment.

European Corporate Counsel is the author of this article on Eu commission. Find more information, about Eu commission here

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