International Trade and Environmental Standards in the Context of India – A Descriptive Analysis

Abstract

The globe, as a community deals with climate change, loss of bio diversity, plastic waste and pollution, the presence of equity in the ecology of an economy is very essential and crucial than ever before. In the whole complexity of international trade policies, environmental concerns are critical since trade is even more momentous than ever. The need for conservation and sustainable use of natural resources has been expressed in the scriptures of Bharat (India), more than three thousand years old and is reflected in the constitutional legislative policy framework as also in the international commitments of the country. The overall aim of this paper lies on presenting a short and pragmatic image of the main aspects concerning the impact of international trade on the environment, on the one hand, and the impact of environmental policies and regulations on the international trade, on the other hand with special reference to the economy of India. This article also examines the multilateral environmental agreements (MEAs) focused on the use of environmental trade measures.