Briefings Trade Justice Movement submission to APPG for Trade out of Poverty Inquiry

Briefings
READING TIME 15 minutes mins

Trade Justice Movement submission to APPG for Trade out of Poverty Inquiry

Global trade and investment rules have widespread implications for poverty reduction efforts across the Commonwealth, and for the realisation of the Sustainable Development Goals.

It is imperative that the links between existing trade and investment deals and global poverty and inequality are interrogated and that international efforts to reduce poverty are underpinned by evidence-based policy.

The current international trade system locks-in market liberalisation, deregulation and privatisation. These policies create employment insecurity, increase the cost of public services, increase food insecurity and increase inequality.

The global trading system must be reformed so that global trade rules do not lock-in policy that undermines developing countries poverty reduction and development agendas; or prevent Governments from making public policy that is in the interest of its citizens.

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