"The era of “free trade,” still actively promoted by the World Trade Organization (WTO), seems to be coming to an end. In addition, two recent trends – neoprotectionism and economic geopolitics – are neither desirable alternatives to it, nor are they capable of responding to the ecological and social crises the planet is facing today. This presents a unique opportunity to ask what kind of international trade order could truly promote sustainable economic development, human and labour rights, gender justice, environmental protection, cultural diversity and peaceful international cooperation. A Working Paper of the CBS International Business School outlines a new paradigm of Ethical World Trade as part of a broader “Economy for the Common Good” framework. In this policy briefing, we highlight the main policy reforms attached to this new vision, focusing on the transfer of a WTO rule-based global trade order into the UN system to align it with both the UN and European Union's values and guiding principles"

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