ABSTRACT
Like any other economic activity, a hazardous waste trade must be managed in an effective manner. Effective management requires that the risks associated with the various hazardous waste TSDFs are fully understood by all parties in any waste trade agreement, and also by all signatories to any relevant and related policies. Furthermore, the compensations from a waste trade programme must reflect the full costs of treatment, storage, disposal and long-term monitoring programmes to be borne by the waste recipient country. In addition, an acceptable waste trade should generate significant economic activities and economic growth for the waste importer. In fact, if it is decided that a waste trade must proceed, the waste recipient country should negotiate for net compensations that amount to at least what constitutes the net savings for the waste exporter.
