Making Trade Rules Work for
Development: Overview
New trade and investment opportunities are growing, and innovative
legal and institutional programming is needed to stimulate sustainable
economic development. Over 350 bi-lateral and regional economic
treaties and 2700 relatively new Bi-lateral Investment Treaties (BITs)
make important economic commitments that can either foster or frustrate
sustainable development. Markets are growing exponentially for fair
trade goods and socially responsible investments. Developing countries
are also refining their financial systems to track and reduce capital
flight, regulate taxation and banking in more sustainable ways, and
secure economic justice through legal empowerment of the poor.
International treaties on sustainable development are increasingly
using trade, investment and financial mechanisms to achieve their aims.
IDLO leads cutting-edge new legal programming on sustainable
development in world trade law. Technical assistance can be provided
for legal and regulatory reforms to secure new opportunities by
facilitating compliance with treaty obligations for sustainable
economic development.
In order to foster development through technology, it is necessary to
put into place an efficient and flexible intellectual property (IP)
rights system and to promote local innovation. IDLO’s programming aims
to protect and enforce IP to address emerging issues such as technology
transfer. In addition, IT developments may require enhanced legal
frameworks to secure privacy, security and access to knowledge.
Trade, IT and IP Laws for
Sustainable Development: IDLO’s Approach
IDLO’s Trade, IT and IP Law programming systematically identifies legal
and governance barriers to implementation of sustainable economic
development treaties; provides legal and regulatory training and
technical assistance for implementation; and implements consensus-based
solutions tailored uniquely for each recipient country.
Securing Fair Trade
& Sustainable Investment: IDLO’s Strategic Focus
International Trade Law
for Sustainable Economic Development: Strengthening
national legislative frameworks for negotiation and compliance with
development aspects of international treaties such as the WTO
Agreements, Economic Partnership Agreements, Free Trade Agreements and
regional economic unions, and to facilitate access to fast-growing
‘Fair Trade’ markets.