ABSTRACT

Increasing concern for the quality of the environment and rapid globalisation of the world economy have resulted in a large body of academic and policy-oriented discussions at both national and international arenas on the interaction between trade and the environment. On the one hand, concerns for environmental protection have intensified recently as our awareness for environmental problems such as air and water pollution, deforestation and soil degradation at national level and acid rain, climate change and ozone layer depletion on a global scale increased. On the other hand, the world economy is getting more and more integrated through liberalisation of foreign trade and investment supported by the WTO multilateral trading system.