Technical Barriers Committee Helps Strengthen Value Chains, Acts as Incubator
for WTO Reforms
·
WTO Symposium on Easing Regulatory
Bottlenecks held at the WTO
·
Trade concerns raised at the Committee
over the years cover an average of USD 2.4 trillion worth of imports per year
·
Digital economy is another area of
growing importance and that members have engaged in discussions on issues such
as cyber security and artificial intelligence in the TBT Committee
The WTO’s Technical Barriers
to Trade (TBT) Agreement and the work of the TBT Committee play a vital role in
ensuring supply chains are effective and resilient, said Deputy Director-General
Jean-Marie Paugam at the WTO Symposium on Easing Regulatory
Bottlenecks held at the WTO on 14 October. Standard setting can support countries’
transition towards decarbonisation and digitalisation, he noted. He stressed that
the Committee’s work must be considered in the context of reform of the multilateral
trading system.
DDG Paugam cited a recent WTO analysis that quantifies the commercial
and economic value of work in the TBT Committee, in particular discussion of so
called "specific trade concerns" that address WTO members' proposed or
adopted regulatory measures. He noted: "Trade concerns raised at the Committee
over the years cover an average of USD 2.4 trillion worth of imports per year."
This has helped prevent lengthy and costly dispute settlement cases and allowed
regulations to be adapted before they enter into force.
Highlighting the work
of the Committee in the area of climate change, DDG Paugam
said: "Trade concerns related to climate change currently represent on average
24% of the measures put on the Committee’s agenda over the past three years. This
means that we are discussing issues at the core of the net-zero transition, such
as the carbon footprint of solar panels or batteries for electric vehicles."
He noted that the digital
economy is another area of growing importance and that members have engaged in discussions
on issues such as cyber security and artificial intelligence in the TBT Committee.
In the context of broader
WTO reform discussions, DDG Paugam invited participants
to draw lessons from what is working well in the TBT Committee, namely the development
of "soft rules", promoting transparency, and innovative capacity building.