New trade issues
New trade issues: issues arising because of the emergence of new trading patterns, new products, new technologies or the confluence of trade policy and social policies. The term “new trade issues” often simply means that there is not yet a formal multilateral trade framework in existence for dealing with relevant matters or that they have only recently been taken up within the WTO. New trade issues currently under discussion include trade and competition, trade and illicit payments, trade and investment and trade and labour standards. Some add trade and environment to this list, but the decision to establish a Committee on Trade and Environment in the WTO has persuaded many that this is
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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