WSEAS Transactions on Environment and Development
Print ISSN: 1790-5079, E-ISSN: 2224-3496
Volume 12, 2016
Benefits of Trade Liberalization with Environmental Goods: Mexican Environmental Industry Case
Authors: , ,
Abstract: The current round of negotiations on trade liberalization within the World Trade Organization is generally aimed at development agenda and within it, it has initially included also abolishment of trade barriers for environmental goods (EG). Even if the multilateral negotiations are not progressing in the field of EG, it is necessary to analyse how EG trade liberalization would influence industrial sectors of developing countries and what will be impact of the international plurilateral Environmental Goods Agreement (EGA) that is negotiated since June 2014. There are several perspectives that can be taken into consideration (the main ones are: influence on the overall economy, on industry using environmental goods, on industry producing environmental goods, on consumers, on substitution of products). The article brings the case of Mexican environmental industry and analyses its performance within the NAFTA region in relation to the intended EG trade liberalization. The findings show that Mexico remains a net importer of high-tech EGs and due to the limited financing, its environmental industry does not have sufficient potential to benefit from potential positive outcomes of EG trade liberalization.
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Pages: 159-166
WSEAS Transactions on Environment and Development, ISSN / E-ISSN: 1790-5079 / 2224-3496, Volume 12, 2016, Art. #17