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USTR releases 2022 President's Trade Policy Agenda, 2021 Annual Report

09 Mar '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Standing up for workers’ rights, supporting agriculture, promoting confidence in trade policy through enforcement, and broadly engaging with stakeholders to facilitate inclusive, durable trade policy and promote equity are some of the key elements of the 2022 Trade Policy Agenda and 2021 Annual Report, delivered by the Office of the US Trade Representative (USTR) recently.

Engaging with key trading partners and multilateral institutions; accelerating decarbonisation and promoting sustainable environmental practices; and bolstering supply chain resiliency are also key elements.

The report details USTR’s work to implement President Joe Biden administration’s trade priorities and advance a worker-centered trade policy.

The United States is working with its trading partners to support workers’ rights and stop the global race to the bottom. It will seek to establish new, high-standard commitments on labour rights under its current and new frameworks for trade, the report says.

“We are shaping a global trading system that enforces labour and environmental standards, protects intellectual property rights, and ensures that regulations are science-based and predictable,” USTR said in a press release.

Fibre2Fashion News Desk (DS)

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