Authors: Kristianto Pustaha Halomoan
Addresses: Faculty of Law, Atma Jaya Catholic University of Indonesia, I. J. Kasimo Building, 3rd Fl, Jl. Jend Sudirman 51, Jakarta 12930, Indonesia
Abstract: The World Trade Organization (WTO) is an organisation that intends to supervise and liberalise international trade. However, not many people realise that trade is a powerful ally of sustainable development. The WTO's founding agreement recognises sustainable development as a central principle. The purpose of trade liberalisation and the WTO's key principles of non-discrimination is a more efficient allocation of resources. WTO recognises that relation in the field of trade and economic endeavour should be conducted with a view to raising standards of living and human welfare. Article XX GATT has introduced general exceptions for GATT regulations that might support the ideas of sustainable development in international trade under WTO regime. However, the implementation of sustainable development was not clearly defined and mostly considered as a barrier of international trade. This paper tries to find out, how far the implementation of sustainable development can be exercised at international trade under WTO regime.
Keywords: World Trade Organization; WTO; sustainable development; environmental sustainability; General Agreement of Tariffs and Trade; GATT; mining industry; natural resources; international trade.
International Journal of Public Law and Policy, 2015 Vol.5 No.1, pp.20 - 32
Received: 08 May 2021
Accepted: 12 May 2021
Published online: 26 Feb 2015 *