ICC trade matters

International trade and the environment

Around the world, open trade has facilitated economic integration, encouraging growth, innovation and job creation. However, in an age where climate concerns are rightly at the centre of the political agenda, some voices speculate that the benefits of trade come at the cost of sustaining our environment.

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ICC trade matters small business smes

Does trade mean a race to the bottom?

In emerging economies, trade has helped lift millions out of poverty, driving economic growth and technical progress to unprecedented levels. While trade has also lifted incomes in the developed world, rapid industrialisation in poorer countries has left many in the West fearing that competition will erode their high living standards.

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