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International Trade Forum

The International Trade Forum is the magazine of the International Trade Centre (ITC). It focuses on trade promotion and export development, as part of ITC’s technical cooperation programme with developing countries and economies in transition. The magazine is published quarterly since 1964 in English, French and Spanish.

English

Unlocking FDI development gains through facilitation

The World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA) holds enormous promise to gear up trade flows. WTO estimates suggest successful implementation of the TFA could reduce trade costs by 14%, which in turn could raise global goods exports by US$ 1 trillion a year – potentially boosting the world economy at a time of flagging growth. What is more, the body’s World Trade Report found that developing countries stand to capture more than half those gains, a ramification with significant implications for international development efforts.

English

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