Informal bilaterals on EGA expected at Davos; uncertainty around Trump hinders action

Multiple sources expect to see informal bilateral discussions this week on the stalled Environmental Goods Agreement at the World Economic Forum underway in Davos, Switzerland, but the lack of clarity surrounding the incoming Trump administration's stance on the plurilateral deal will stymie any significant progress, they said. Those sources noted that most participants in the EGA negotiations are in “wait and see” mode regarding how the new administration will approach the tariff-cutting agreement. A “breakthrough announcement” is unlikely, one source...