ABSTRACT

For Chidambaram, and future Indian delegations to WTO, a watchful eye will be cast over all environmental treaties. As Western leaders realize the impacts on competitiveness of environmental directives they will try to export their regulatory folly, to level the global playing field. However, it is certain that India’s delegates will not allow their country to be ‘sacrificed on a cross of Western green’, as one liberal thinker put it to me. Indian action on labour restrictions may well be replaced by a hard line on environmental regulations at future WTO meetings. Before this happens, we in Europe should think about the environmental regulations we impose today that may well price our products out of world markets tomorrow.