1、Trade and Values:Navigating the Intersection of Policy and PrinciplesW H I T E P A P E RN O V E M B E R 2 0 2 4Images:Getty ImagesDisclaimer This document is published by the World Economic Forum as a contribution to a project,insight area or interaction.The findings,interpretations and conclusions

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3、ved.No part of this publication may be reproduced or transmitted in any form or by any means,including photocopying and recording,or by any information storage and retrieval system.ContentsExecutive summary 3Introduction 41 How are governments infusing values into trade?62 The challenge for business

4、 83 An important shift 104 Challenges ahead 115 Navigating the path forward 13Conclusion:Striking a difficult balance 15Contributors 16Endnotes 17Trade and Values:Navigating the Intersection of Policy and Principles2Executive summaryTraditionally focused on economic efficiencies like optimized produ

5、ction and profitability,trade has nevertheless also long been understood to harbour broader objectives,which even a casual reader of the preamble of almost any trade agreement can easily appreciate.However,more recently,there has been a growing tendency for many countries to begin using trade policy

6、 and market access,in particular,to pursue a broader range of non-trade objectives(NTOs).This shift reflects both genuinely held progressive beliefs and more narrowly strategic motives.It is also driven in part by the need for trade policy to be responsive to the negative effects that unbridled trad