Trends in trade facilitation
- Author: United Nations
- Main Title: Asia-Pacific Trade and Investment Report 2012 , pp 68-77
- Publication Date: December 2012
- DOI: https://doi.org/10.18356/1ad896e3-en
- Language: English
Since countries have continued to liberalize trade both unilaterally and as part of the implementation of preferential trade agreements during the past decade, import tariff costs now often account for a very small share of the overall trade costs faced by traders in Asia and the Pacific – typically 5% or less for most countries and products. Countries have therefore increasingly turned their attention to trade facilitation, i.e. the reduction of non-tariff related trade transaction costs, particularly those associated with the generally complex set of regulatory and other procedures involved in completing international trade transactions and moving goods across borders.
© United Nations
ISBN (PDF):
9789210541220
Book DOI:
https://doi.org/10.18356/33c86510-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
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