Accountability in trading

Trading security, Market tradingTwo of the most important pillars of sound governance are accountability and transparency. In order to exercise accountability it is essential to have transparency for if the information is not up-to-date, accurate and clear, it is not possible to make out if the standard promises have been kept. IISD is trying to examine on the issues that would lead to a better transparency and also accountability.

These two qualities are important for a sound sustainable development. ENTWINED is the short for Environment and Trade in a World of Interdependence, which is a consortium of research for trade and seeking for environment. They have a practical method of research and their job is to identify certain ways that would help the WTO to achieve their goal as a trading system that is multinational, based on rules, and contributing to the idea of sustainable development at the same time. At the present time, the organization is focusing mainly on the accountability and efficiency factor.

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