Common Contracts
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Wto agreement on trade facilitation pdfWto Agreement • March 30th, 2021
The WTO Trade Facilitation Agreement (TFA) entered into force on 22 February 2017. It is a result of the Doha Round of Trade Negotiations, which was launched in 2001. The text of the TFA was adopted by WTO Members at the 9th Ministerial Conference in Bali, 3-6 December 2013. The Agreement entered into force in accordance with the provisions of Article X:3 of the WTO Agreement and Members have to individually accept the amendment of the WTO Agreement by depositing an instrument of acceptance for the Protocol of Amendment, adopted on 27 November 2014. An updated list of Members that have accepted the Protocol can be found on the WTO website. With the trade facilitation agreement WTO Members aim: to “expedite the movement, release and clearance of goods, including goods in transit;” to facilitate “effective cooperation among Members on trade facilitation and customs compliance issues;” and to enhance “assistance and support for capacity building” for developing and least developed country
