Round table discussion on harnessing international trade for sustainable development

The roundtable discussion, held on 9 December 2023 in Gandhinagar, Gujarat, focused on the evolving relationship between international trade and sustainable development, particularly in the context of the 2030 Agenda for Sustainable Development. Trade is recognized as a driver of inclusive economic growth and poverty reduction, but its environmental implications—such as increased CO₂ emissions—pose challenges. The event explored how regulated trade can serve as a tool for promoting sustainability through technology exchange and economic upgrading.
Key themes included:
• The integration of environmental concerns into Free Trade Agreements (FTAs), especially through Trade and Sustainable Development (TSD) obligations.
• The tension between developed and developing countries regarding environmental standards and non-tariff barriers.
• The need for regulatory reforms and policy space to balance development goals with environmental commitments.
The discussion addressed critical questions on the interaction between trade and environmental issues, the role of bilateral vs. multilateral arrangements, and the justification for imposing labor and environmental standards on developing nations.