Trends and developments in trade facilitation

Recent global events, such as the successful conclusions of the WTO Trade Facilitation Agreement (TFA) negotiations (December 2013), the fifth Global Review of Aid for Trade on the theme of reducing trade costs, and the adoption of the Addis Ababa Action Agenda (both in July 2015), have brought trade facilitation into sharp focus. It is clear that the WTO TFA implementation will become the new baseline for trade facilitation as a means of reducing trade costs as well as maintaining trade and investment competitiveness.

Related Subject(s): International Trade and Finance