strategy
Evaluating role of transnational corporations in world trade agreements
Claim:
1. The role of TNCs in the international trading system must be examined. 1/3 of all trade occurs within a TNC, and many TNCs are more powerful than many WTO governments, raising concerns about competition, monopolization of markets and good governance. Greater accountability and transparency is required from these organizations. Broader:
Promoting transparency in world trade negotiationsConducting sustainability impact assessments of world trade agreements Facilitates:
Monitoring economic control by transnational corporationsStrengthening negotiating capacity of governments with transnational corporationsPromoting policy coherence in world trade agreements Facilitated by:
Developing codes of conduct for international business Subjects:
Commerce → TradeCommerce → Multinationals
Research, Standards → Evaluation
Law → Agreements
Type Classification:
F: Exceptional strategies Related UN Sustainable Development Goals:
