China, the EU and the US have begun negotiations that could see an end to trade tariffs between a 14-strong group of regional and national governments.
The Environmental Goods Agreement covers 54 products, including PV cells and modules. The annual trade value of these is around US$1 trillion. Negotiations will initially centre on the removal of tariffs and customs duties.
The group also includes Taiwan, Hong Kong, Japan and Singapore, Australia, with South Korea close to agreeing participation. The group officially announced the start on Tuesday at a press conference in Geneva with talks beginning in earnest on Wednesday.
Over the years the EU has been at a forefront in protecting the environment and fighting against climate change,” said EU Trade Commissioner Karel De Gucht.
This initiative is an excellent example how trade policy can positively contribute to the global objective of sustainable development, i.e. facilitating access to clean energy and rapid urbanisation process. — Full Story at PV-Tech —