Trade #policy often sidesteps parliamentary scrutiny. My new analysis examines how strengthening the role of #parliaments can advance more balanced and sustainable #trade. I identified four key principles for this. 🧵 /3

Key principles for parliaments’ involvement in trade policy. They should:
• build capacity
• define goals of #TradePolicy
• accompany #negotiations
• ratify #agreements & oversee their #implementation.

These are crucial to better align trade with the public interest. 🧵2/3

Parliamentary involvement can both strengthen domestic support for #trade and for #InternationalCooperation. This is becoming even more critical as global #TradeCooperation is shifting and geopolitical considerations are moving up policy agendas.

🔗 https://www.cepweb.org/to-advance-trade-policy-strengthen-the-role-of-parliaments/ 🧵3/3

To Advance Trade Policy, Strengthen the Role of Parliaments

In trade policy, parliaments generally play a lesser or even inexistent role. Strengthening their involvement can advance trade policymaking and help better align it with the public interest. This enhanced role should span the whole policy process.

Council on Economic Policies
What do you think, should parliaments have a bigger role in negotiating #TradeAgreements, what are important principles for negotiators, #parliaments, and the executive to secure public support for #trade and global #cooperation?
#FTA #TradePolicy