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EU teams up with Ecuador, Kenya, NZ for cooperation on trade, climate

15 Jun '22
2 min read
Pic: Ministry of Production Foreign Trade Investments and Fisheries
Pic: Ministry of Production Foreign Trade Investments and Fisheries

The trade ministers of the European Union (EU), Ecuador, Kenya and New Zealand recently agreed to jointly work to forge an inclusive Coalition of Trade Ministers on Climate. The ministers want to enhance ministerial-level dialogue so that trade and trade policies can support the Paris climate goals, sustainable development, environmental sustainability and a just transition.

On June 13, they met trade ministers from a diverse group of countries to start a dialogue and enhance international cooperation on the trade and climate nexus and its contribution to sustainable development and environmental sustainability.

This reflects their shared commitment to bringing the fight against climate change to the forefront of trade policy, an EU press release said.

The co-leads will meet in July to decide on the next steps for the creation of this new coalition. They will take into account the views expressed by the ministers. Subsequently, the co-leads plan to organise the first Coalition meeting early next year.

“Fighting climate change is an EU priority. We know that trade plays an important role in tackling this generational challenge, which is why our new EU trade strategy is the greenest ever. But climate change is a global problem and only by working together we can find truly global solutions. This Coalition will build a joint action to tackle the climate crisis in a fair manner through trade policy,” European Commission executive vice president and commissioner for trade Valdis Dombrovskis said.

Fibre2Fashion News Desk (DS)

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