SETI Alliance: International trade talks could resolve solar trade war
The Sustainable Energy Trade Initiative (SETI Alliance) says that the launch of international negotiations on environmental goods at the World Economic Forum in Davos in late January 2014 may be the beginning of the end for trade wars over renewable energy products.
However, the organization states that “the situation on the ground is going in the wrong direction”, citing the anti-dumping and countervailing duty (CVD) investigations launched by U.S. trade authorities, as well as the United States launching a WTO case against India's domestic content requirement.
The organization also mentioned EU CVD investigations over wind turbine components from China. “The above mentioned three cases are clear evidence from the marketplace of increasing barriers and tension in trade with green/clean technologies and underscore a negative trend of late,” states SETI Alliance Managing Director Peter C. Brun.
The EU and fourteen nations, including the United States, China and Taiwan, are participants in the trade talks. SETI Alliance states that negotiations will initially cover tariffs on goods, but that it seeks greater depth to the agreement.
SETI Alliance is an initiative of the International Centre for Trade and Sustainable Development (ICTSD, Geneva). In December 2013, anti-tariff trade group Alliance for Affordable Solar Energy (AFASE, Brussels) dissolved to join SETI Alliance.