RVO/CBI sign Trade for Sustainable Development Principles

The Netherlands Enterprise Agency (RVO)/ the Centre for the Promotion of Imports from Developing Countries (CBI) signed the Trade for Sustainable Development Principles, and they could hardly have chosen a better moment.

As this week was a great week for inclusive trade, with both the World Trade Organization (WTO) and the International Trade Centre (ITC) organizing a forum focusing on ensuring everyone benefits from global trade. Inclusive trade is the focus of the Netherlands’ trade and development agenda and Minister Ploumen works simultaneously towards enhancing sustainable and inclusive trade from both the trade and the development angle.

So RVO/CBI could hardly have chosen a better moment to sign the Trade for Sustainable Development Principles, created by the International Trade Centre. The Kingdom of the Netherlands highly appreciate the work of ITC, notably in the context of the Global Goals for Sustainable Development, and more specifically ITC’s contribution to increasing harmonization and transparency of standards for all supply-chain actors.

By signing the Trade for Sustainable Development Principles, the Netherlands express their intend to embrace, support and enact within their influence the Trade for Sustainable Development Principles, a set of core values to support sustainable trade:

Support and promote sustainable trade practices, with regards to social, environmental, economic and management, quality and ethics issues at stake in the production, processing and trading of goods and services.

Contribute to efficiency in global supply chains by clear demonstration of openness to sharing good practices, to foster transparency, trust and inclusiveness at all levels of global supply chains.

Build on existing resources and methodologies with a collaborative approach avoiding duplication that may provoke proliferation of standards, multiplication of audits or assessment methodologies.

Sustainable Development Goals
Act in alignment to the United Nations Post-2015 Development Agenda, which builds upon the Millennium Development Goals, with a view to developing a set of global sustainable development goals.

All programs of RVO and CBI incorporate these values in order to make sure that they contribute to enhancing sustainable and inclusive trade. By making sure, for instance, that the companies they work with operate on the basis of OECD guidelines for multinational enterprises as well as the UN Guiding Principles for Business and Human Rights – covering the principle of sustainability.

For more information on RVO: http://english.rvo.nl/

For more information on CBI: https://www.cbi.eu/

Belongs to