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APEC Cuts Environmental Goods Tariffs

 The 21 APEC economies have published details on their implementation of tariff cuts on a list of 54 environmentally friendly goods, boosting trade and improving access to the tools needed to fight climate change.

 

The tariff reductions on the APEC list of environmental goods will also promote trade worth around USD300 billion within the region and USD500 billion worldwide, unlocking new sources of economic growth, while giving impetus to the Environmental Goods Agreement negotiations in the World Trade Organization which are set to continue this year. 

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