Trade… yes, but at what cost?

Trade… yes, but at what cost?

How can we reconcile economic development with respect for new environmental, social and societal standards? This will be the inevitable discussion for decades to come. Because our democracies are now torn between the imperative to continue creating wealth and jobs… and the imperative to limit global warming, industrialization, biodiversity degradation, and worker abuse.

No issue illustrates this dilemma better than the EU-New Zealand Free Trade Treaty, which the European Parliament’s International Trade Committee voted on last week by an 87% majority. This text, negotiated for four years and signed by the Commission in July, provides for increasing bilateral trade by up to 30% within ten years. It ensures the protection of all protected geographical indications for wines and sp

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Cecil Pryor

managing editor

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