Page 15 - The South China Business Journal
P. 15
July 2017
• The recognition of the role of bilateral and regional agreements our ambition on our mitigation and adaptation efforts over time
in complementing multilateral efforts. in order to fulfil our collective commitment to achieve the long
term goals of the Paris Agreement.
• The recognition that more needs to be done to engage effec- • The recognition of the OECD’s invaluable contributions to-
tively with stakeholders and to improve the understanding of wards promoting sustainable, low carbon and climate resilient
trade agreements. growth and supporting country efforts to implement the Paris
Agreement.
• The importance of reaffirming standstill and rollback com- • The welcoming of the OECD’s work in demonstrating that cli-
mitments to resist all forms of protectionism, and to stand firm mate-friendly policies can boost both well-being and economic,
against unfair trade practices and urge all countries to abide by sustainable growth, while increasing longer-term resilience to
international trade rules. climate change, and the welcoming of the OECD’s planned work
to advance policy analysis and guidance in this domain.
• The need to enhance market function and to push for the re- • The importance of striving for better application and promo-
moval of support by governments and related entities that dis- tion of internationally recognised social, labor, safety, tax co-
tort markets, and to acknowledge the right to use WTO-consis- operation and environmental standards throughout the global
tent and legitimate trade remedies to tackle such practices and economy and its supply chains.
enforce our rights. (4) The MCM Chair understands that other Members may wish
to issue separate Statements.
• The recognition that trade has not worked to the benefit of all.
To ensure that trade works for everyone, appropriate adjustment 13
policies are needed and a domestic policy environment, that pro-
motes opportunity, innovation and competition, and facilitate
foreign direct investment.
• The call on the OECD to continue its work to provide govern-
ments with more integrated policy advice, identifying how trade
and investment, international economic cooperation more
broadly, and related domestic policies can drive more inclusive
growth.
• The recognition that the Paris Agreement is a historical agree-
ment that represents the collective will and determination of
nearly 200 countries and is a cornerstone for effectively and ur-
gently tackling climate change and for implementing the 2030
Agenda.
• The fundamental importance of the Paris Agreement in setting
the direction for the necessary low carbon transition, improving
climate resilience and shifting financial flows towards low emis-
sion and resilient investments, sending a clear and strong signal
to industry and investors.
• The urgent need to maintain the global momentum and inter-
national cooperation to ensure a swift implementation of the
Paris Agreement for our citizens, economies and for future gen-
erations.
• The strong commitment to the effective implementation of our
nationally determined contributions (NDCs), and to increase
• The recognition of the role of bilateral and regional agreements our ambition on our mitigation and adaptation efforts over time
in complementing multilateral efforts. in order to fulfil our collective commitment to achieve the long
term goals of the Paris Agreement.
• The recognition that more needs to be done to engage effec- • The recognition of the OECD’s invaluable contributions to-
tively with stakeholders and to improve the understanding of wards promoting sustainable, low carbon and climate resilient
trade agreements. growth and supporting country efforts to implement the Paris
Agreement.
• The importance of reaffirming standstill and rollback com- • The welcoming of the OECD’s work in demonstrating that cli-
mitments to resist all forms of protectionism, and to stand firm mate-friendly policies can boost both well-being and economic,
against unfair trade practices and urge all countries to abide by sustainable growth, while increasing longer-term resilience to
international trade rules. climate change, and the welcoming of the OECD’s planned work
to advance policy analysis and guidance in this domain.
• The need to enhance market function and to push for the re- • The importance of striving for better application and promo-
moval of support by governments and related entities that dis- tion of internationally recognised social, labor, safety, tax co-
tort markets, and to acknowledge the right to use WTO-consis- operation and environmental standards throughout the global
tent and legitimate trade remedies to tackle such practices and economy and its supply chains.
enforce our rights. (4) The MCM Chair understands that other Members may wish
to issue separate Statements.
• The recognition that trade has not worked to the benefit of all.
To ensure that trade works for everyone, appropriate adjustment 13
policies are needed and a domestic policy environment, that pro-
motes opportunity, innovation and competition, and facilitate
foreign direct investment.
• The call on the OECD to continue its work to provide govern-
ments with more integrated policy advice, identifying how trade
and investment, international economic cooperation more
broadly, and related domestic policies can drive more inclusive
growth.
• The recognition that the Paris Agreement is a historical agree-
ment that represents the collective will and determination of
nearly 200 countries and is a cornerstone for effectively and ur-
gently tackling climate change and for implementing the 2030
Agenda.
• The fundamental importance of the Paris Agreement in setting
the direction for the necessary low carbon transition, improving
climate resilience and shifting financial flows towards low emis-
sion and resilient investments, sending a clear and strong signal
to industry and investors.
• The urgent need to maintain the global momentum and inter-
national cooperation to ensure a swift implementation of the
Paris Agreement for our citizens, economies and for future gen-
erations.
• The strong commitment to the effective implementation of our
nationally determined contributions (NDCs), and to increase
