1945

Trade facilitation – making trade easier and faster

Administrative hurdles and cumbersome border procedures can account for 75 per cent of all delays to shipments. The main objective of trade facilitation is to reduce the complexities and costs associated with lengthy border procedures and controls, while maintaining efficient compliance controls. Trade facilitation contributes to the achievement of the 2030 Agenda, in particular to the integration of developing countries to global trade, tackling trade barriers and improving the efficiency of trade by reducing delays and transaction costs.

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