The Bureau of International Recycling is observing with great concern the current development with regards to tariff impositions and countermeasures across the globe. This escalating pattern risks triggering a harmful cycle of trade restrictions with far-reaching consequences for global commerce and economic stability.
BIR says it has always advocated for free and fair trade as the foundation of a healthy global economy and a driver of productive commercial exchanges between nations. The association says trade barriers not only distort markets, but also threaten economic growth and the efficient allocation of resources worldwide.
The association said, “Together with our national member associations, BIR will closely monitor the impact of these developments on international recycling markets and national economies. We emphasise, as outlined in our position paper, the significant risks associated with protectionist measures and urge governments to refrain from policies that could hinder global trade flows.”
The association concludes, “At a time when international cooperation is more crucial than ever, BIR calls on policymakers to uphold open markets, ensuring that industries reliant on cross-border trade – such as recycling – can continue to contribute to a more sustainable and efficient global economy.”
