sustainable trade rule
noun phraseUK /səˈsteɪnəbl treɪd ruːl/
US /səˈsteɪnəbl treɪd ruːl/
A rule that says people should trade in a way that keeps things fair and safe for the future.
The school fair used a sustainable trade rule so everyone got a fair turn at the games.
OTHER MEANINGS
2. A trade regulation designed to protect natural resources and workers over the long term.
The new sustainable trade rule limits how much timber can be exported each year.
3. A business guideline that balances profit with environmental and social responsibility.
Under the sustainable trade rule, the company must recycle packaging and pay fair wages.
4. An international agreement that promotes long-lasting, eco-friendly commerce between countries.
The two nations signed a sustainable trade rule to reduce carbon emissions from shipping.