The WTO, like GATT before, is essentially and unapologetically a trade organisation, not an environmental one. There is no question of either of them having to change fundamentally its mandate. And so long as they remain trade organisations, they will need to place trade matters before other considerations, where such a choice has to be made. The same applies for an environmental organisation when it has to place environmental considerations before all else. A relatively high degree of diversity nexus auto trading in the social, economic and ecological domains is a neutral development with no particular proclivity for trade or the environment. Social homogeneity or diversity can equally spell trade success, as shown by Japan and the United States respectively. They can just as much be party to trade failure, as shown by various countries in the developing world. Economic diversity is a consequence of an increasingly interdependent world, particularly given the demise of the Cold War ideological contest.
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For countries of the South, and particularly for the developing economies of East Asia, free and open trade lies at the core of their very being. It is not only a means to greater profitability as for countries of the North traditionally, nor is it solely an ideological cause as for the West , because it lies at the heart of notions of regional and national security, and of national sovereignty. Unilateral efforts to tamper with it in East Asia from outside the region are an invitation to scorn and suspicion, and even to figure as a threat to national security — and to be treated accordingly. NAFTA and APEC necessarily operate on separate sets of product and trade schedules, with only certain items that may be common or where practices might overlap. With a discriminatory arrangement between them, perceptions of unfair treatment (in APEC-only countries) are likely to be larger and more widespread than actual discriminatory practices on the relevant products merit. The steady consolidation of close and convivial trade relations accumulated over years is crucial for improved trade; this being an ethic that also characterises one side of the Pacific from the other . To obscure further the value of states as the prime unit in shaping trade terms, both governments and environmental NGOs of the South share certain key values and aspirations. The same can be said for both governments and environmental NGOs of the North, particularly in recent years. The “fault-lines” between South and North (in the Asia-Pacific, largely between West and East respectively) are already being drawn, awaiting only the next seismic tremor. In a multilateral world, sanctions seldom work — if only because the targetted country enjoys trade on several multilateral fronts.

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Ecological diversity is a feature of the natural world, and need not be linked with social, economic or some other diversity. It is important to note some realities that pertain to resource-based trade. First, such trade has a limited viability in the development span of states, at least at any “high degree”. Second, resource-based trade that is also export-oriented at a high degree and which happens to be environmentally unsustainable concerns only a few commodities. Third, with the onset of industrialisation in various stages, resource- dependent trade diminishes in relative importance, and then in absolute importance. Cash management portal providing access to the money market products of multiple providers, with a full reporting suite and the ability to trade Fixed Income Clearing Corporation repo products. Choose from more than 400 funds worldwide with access to over 25 leading fund providers. Automated, multi-source FX liquidity/trade matching platform, offering anonymous or bilaterally disclosed quotes, as well as digital and fixed income trading platforms via private label agreements.

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