The
Government of Jamaica has made an urgent call for members of the World Trade
Organization to facilitate the necessary trade concessions, special and
differential treatment and flexibilities that could assist in addressing the
structural and capacity constraints in the markets of Small Island Developing
States (SIDS).
The call was made today (Monday September 9, 2019), by Hon. Daryl Vaz, Minister Without Portfolio in the Ministry of Economic Growth and Job Creation, who was representing Prime Minister, the Most Hon. Andrew Holness at the United Nations Trade Forum in Geneva, Switzerland.
In his
address, Minister Vaz, who has responsibility for Land, Environment, Climate
Change, and Investment, noted that this year’s Trade Forum held under the theme
‘Sustainable Development Goals (SDG’s) and Climate Change” has special
relevance.
“From
the devastation of our sister island, the Bahamas, to the assessed impact of
the raging fires in the Amazon, recent events have continued to cement what we
have long believed – that climate change remains a grave concern, is a clear
and present threat to human societies, and many countries and ecosystems are
approaching the limits of their adaptive capacities”, the Minister said.
He noted
that SIDS, as net food-importing developing countries, are particularly
vulnerable to the impact which climate change is having on agricultural trade,
including the trade in fisheries.
“Despite
a narrow resource base and a heavy dependence on a few external markets it is
essential that SIDS must be integrated into global value-chains. Approaches
based on connections to value-chains are increasingly seen as providing a
mechanism for achieving economic diversification and the Paris Agreement
objectives” Minister Vaz noted.
He
added that these would be positive and timely response measures and would serve
as mechanisms through which to transfer technology and innovations to SIDS.
Minister
Vaz further noted that in order to meet the ambitious targets described in the
Nationally Determined Contributions under the Paris Agreement, it was necessary
to ensure that there are no loop holes in international agreements, especially
Trade and Economic Agreements.
“These
Agreements have typically been negotiated in fora that are separate and
independent of climate negotiations”, Minister Vaz noted. He added that “quite often, Trade and
Financial Ministries employ mainly economic criteria in their policies and
negotiating positions without regard to what their impact may be on carbon
emissions. This failure to include the costs associated with the impact of
climate change, in discussions on international trade, has resulted in an
imbalance in the way emissions have been evaluated”.
Minister
Vaz disclosed that every effort is being made to mitigate this imbalance
through Jamaica’s consultative mechanism, JAMTrade, as well as CARICOM’s regional
negotiating mechanism through the Office of Trade Negotiations (OTN).
The
Minister further noted that Jamaica has sought to ensure that climate change
considerations are incorporated in policy revisions, including its Trade Policy,
and the country is seeking to develop domestic monitoring, reporting and
verification systems in order to enhance its transparency processes in carbon
accounting.
“Despite
our best efforts more remains to be done. With further technical support,
knowledge exchange and the involvement of the international community, we are
confident that we can collectively improve and transform the participation of
SIDS in their traditional and other international markets”, the Minister said.
The United Nations Trade Forum which falls under the umbrella of the United Nations Conference on Trade and Development is the last and most important international platform leading up to the United Nations Climate Action Summit and General Assembly which will be held later in September.
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