Summary
This 爱游戏中国官方网站 position paper contributes to discussions on modernising the World Trade Organisation (WTO). It highlights the significant economic role of the European chemical industry and stresses the necessity of a robust WTO for securing fair and sustainable global trade. 爱游戏中国官方网站 supports the EU’s efforts to modernise the WTO but is concerned that the current system fails to liberalise trade and set new rules effectively. The paper calls for reforms in tariffs, non-tariff barriers, and sustainability to ensure a stable multilateral trading system.
爱游戏中国官方网站 recommendations:
- Reducing Tariffs: 爱游戏中国官方网站 supports flexible and plurilateral negotiation approaches, and calls to extend the Chemical Tariff Harmonisation Agreement to more countries, reduce pharmaceutical tariffs, and update the Pharmaceutical Tariff Elimination Agreement.
- Tackling Non-Tariff Barriers: Emphasis on international regulatory cooperation in the chemical sector to harmonise health, safety, and environmental rules, promoting efficient and transparent trade.
- Enhancing Sustainability: 爱游戏中国官方网站 backs the European Commission’s emphasis on sustainability in trade negotiations, advocating for increased market access to support the UN Sustainable Development Goals and suggesting the promotion of voluntary commitment programmes.