As the circularity transition spreads around the globe, the practicalities of a new economic order come to the forefront. Trade is a key connector and enabler. The way we produce, consume, rent, repair, recycle, and reintegrate our goods and materials into the economy is intricately linked through global value chains. Novel policy areas like circular product policy, standards and product traceability along international value chains, or the promotion of more circular infrastructure through public-private partnerships offer important entry points. Especially for developing and transition economies, trade and economic cooperation can offer many opportunities. However, the transition to a circular economy requires effective knowledge exchange and sharing of best practices among all actors, including governments, businesses, think tanks and international organizations.

This session will explore the interconnections between trade policies and circular economy concepts by providing insights on specific sectors, opportunities, and challenges for developing and transition economies through concrete examples.