The European Commission published a new study on global approaches to trade and sustainable development (TSD) as part of its work to strengthen environmental and sustainability aspects of EU trade policy.
This independent study covers the EU, Australia, Canada, Chile, Japan, New Zealand, Switzerland and the US. It reveals that TSD implementation and enforcement vary significantly. For example, when it comes to dispute settlement and the use of trade remedies in case of breaches of TSD provisions. Despite such differences, cooperation remains the watchword for TSD implementation, even for countries that rely on trade sanctions for TSD enforcement.