WTO: HOW GREEN

Management

International Conference on "Innovative Management Practices"

The increased emphasis on environmental policies is relatively recent years in the history of the multilateral trading system although shrimp-turtle and Venenzula-U.S. gasoline case is quite old. Still the WTO Committee on Trade and environment do not interfere to a great extent if environment agreement is not signed by the countries doing trade. Then the WTO would provide the only possible forum for settling the dispute. The preference for handling disputes under the environmental agreements does not mean environmental issues would be ignored in WTO disputes. The WTO agreements allow panels examining a dispute to seek expert advice on environmental issues. The objectives of sustainable development and environmental protection are important enough but there is no specific agreement dealing with the environment in WTO. The present paper delves in to same.

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