1945

Foreword

image of Foreword

Fuelled by legitimate public policy concerns, as well as ongoing trade tensions, the number of non-tariff measures (NTMs) has risen significantly. While NTMs often serve important public policy objectives linked to sustainable development, the trade costs associated with NTMs are estimated to be more than double that of tariffs. As such, they have become a key concern for traders as well as for trade policymakers aiming to ensure that trade can continue to be an effective Means of Implementation of the 2030 Agenda for Sustainable Development.

Related Subject(s): International Trade and Finance
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