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TABLE 2.3 Selected bilateral efforts to reduce barriers to trade and investment in environmental goods and services Agreement U.S.-Bahrain FTA U.S.-CAFTA FTA U.S.-Colombia FTA U.S.-Jordan FTA U.S.-Korea FTA U.S.-Morocco FTA U.S.-Oman FTA U.S.-Panama TPA U.S.-Peru TPA EU-Chile FTA EU-Colombia/Peru FTA EU-Korea FTA India-Japan Agreement Japan-Switzerland Agreement Description Parties state their intention of “[p]romoting the growth of the environmental technology business sector.”a “The Parties recognize that strengthening their cooperative relationship on environmental matters can enhance environmental protection in their territories and may encourage increased trade and investment in environmental goods and services” (Article 17.9). “The parties are committed to expanding their cooperative relationship on environmental matters, recognizing it will help them achieve their shared environmental goals and objectives, including the development and improvement of environmental protection, practices, and technologies” (Article 18.10). Parties state their interest in pursuing “[s]ponsorship of trade missions to encourage the use of environmental technologies.”b “The Parties are committed to expanding their cooperative relationship in bilateral, regional, and multilateral forums on environmental matters, recognizing that such cooperation will help them achieve their shared goals and objectives, including the development and improvement of environmental protection, practices, and technologies” (Article 20.8). “The Parties recognize that strengthening their cooperative relationship on environmental matters can encourage increased bilateral trade and investment in environmental goods and services” (Article 17.3). Parties state their intention of “[s]trengthening capacity to establish a Cleaner Production Center and promoting the growth of the environmental business technology sector”.c “Parties recognize that strengthening their cooperative relationship on environmental matters can enhance environmental protection in their territories and may encourage increased trade and investment in environmental goods and services” (Article 17.10). “Parties are committed to expanding their cooperative relationship on environmental matters, recognizing it will help them achieve their shared environmental goals and objectives, including the development and improvement of environmental protection, practices, and technologies” (Article 18.10). “The EC and Chile will undertake to consolidate economic relations in key sectors such as hydroelectricity, oil and gas, renewable energy, energy-saving technology, and rural electrification” (Article 22). Parties state their intention to consider actions to mitigate climate change by “[f]acilitating the removal of trade and investment barriers to access to, innovation, development, and deployment of goods, services and technologies that can contribute to mitigation or adaptation, taking into account the circumstances of developing countries” (Article 275). “The Parties shall strive to facilitate and promote trade and foreign direct investment in environmental goods and services, including environmental technologies, sustainable energy, energy efficient products and services and eco- labelled goods, including through addressing related nontariff barriers” (Article 13.6). “Each Party shall endeavor to [...] encourage trade and dissemination of environmental goods and services” (Article 8). Parties state their intention to “[e]ncourage trade and dissemination of environmental products and environmental-related services in order to facilitate access to technologies and products that support the environmental protection and development goals, such as [...] sustainable promotion of renewable energy and climate-change related goals (Article 9). Sources: WTO, “Energy Services,” 2010, 21; Monkelbaan, “Sustainable Energy Services in a SETA,” 2013, 46; USTR website, http://www.ustr.gov (accessed March 22, 2013). aMemorandum of Understanding (MOU) on Environmental Cooperation between the Government of the United States and the Government of the Kingdom of Bahrain. bU.S.-Jordan Joint Statement on Environmental Technical Cooperation. cMOU on Environmental Cooperation between the Government of the United States and the Government of the Sultanate of Oman. 2-25PDF Image | Renewable Energy and Related Services: Recent Developments
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