Sustainable development and FTA between EU and New Zealand
One of goals of the FTA (free trade agreement) between the EU and New Zealand is the sustainable development which encompasses: a) economic development; b) social development; c) environmental protection.
Each party can
(a) determine its sustainable development policies and priorities;
(b) establish the levels of domestic environmental and labour protection, including social protection, that it deems appropriate;
c) adopt or modify its relevant law and policies.
International framework is made, among other, by: a) Rio Declaration on Environment and Development; b) ILO Declaration on Social Justice for a Fair Globalization; c) “Transforming our world: the 2030 Agenda for Sustainable Development”.