Developing countries poised for economic growth through environmental goods trade liberalization.
The article discusses how developing countries can benefit from trading environmental goods. Developing countries have strong potential in exporting environmentally friendly products and goods used for environmental services. By liberalizing trade, these countries can expand their exports and support their economies. South-South trade can play a significant role in this process. Trade liberalization can help rural economies and small businesses integrate into global supply chains. To benefit all countries, a wide range of environmental goods should be targeted for liberalization, allowing each country to choose the best products for tariff reduction.