(Arancha González & Christian Ewert | Foreign Trade Assoc. and Intl. Trade Centre via Euractiv)
More than a year has now passed since the United Kingdom voted to exit the world’s biggest trade bloc in a bid to ‘take back control’ over immigration and regulatory policy from the European Union. During that time, Donald Trump rode to the White House on promises that protectionism could restore vanished manufacturing jobs, and went on to withdraw the United States from the Paris Agreement on climate change.
Trade has become a lightning rod for public angst over the rising pace of economic and social change in other advanced economies, too. Recall how opposition from Wallonia nearly derailed the European Union’s trade agreement with Canada.
In such circumstances, prospects for sustainable production and trade might seem remote. Yet the fact is that businesses today have an opportunity to step up and take the reins of responsible trade. Indeed, the tools for them to do so have never been better. Consider energy. Click here to read more.