Developing nations are increasingly and comparatively more dependent on international trade than the developed countries. The past two decades have seen more nations joining the World Trade Organisation (WTO) to streamline their trade prospects in the global market and maximise on the profits. Trade now accounts for 50 per cent of the gross domestic product (GDP) of developing nations. In this scenario, rich nations of the North are pushing for inclusion of environment issues in trade agreements. If they succeed, the poor nations will be hardest hit. Restrictions on trade is, are after all, a weapon that only the rich can wield.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
.png)
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.