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What is the TFA and who will benefit?
- Source: International Trade Forum, Volume 2017, Issue 1, Mar 2017, p. 12 - 13
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- 13 May 2021
Abstract
Against a backdrop of anti-globalization sentiment, shuttered regional trade pacts and shifting geopolitics, the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA) flies in the face of the current news cycle. However, the global trade deal that went live 22 February will smooth customs procedures and cut related red tape. Here’s what is in the deal and what it means for you and for global trade.
© 2017 United Nations