Developing states oppose US-EU proposal at WTO

Developing countries, led by India and Brazil, have opposed a proposal submitted by the USA and the EU at the World Trade Organisation (WTO) calling for liberalisation of trade in environmental technology.
India and other developing countries have termed the proposal, which calls for two-tier approach to environmental goods and services liberalisation, as “disguised protectionism to boost exports by developed countries”.
The first tier in the proposal is for goods and services that directly relate to mitigating climate change. As per this 43 goods have been identified as climate friendly by a recent World Bank report on trade and climate change. The second tier is for negotiation of environmental goods and services agreement, which would have a standard tariff reduction formula.