Common Contracts
1 similar Trade Facilitation Agreement contracts
TRADE FACILITATION AGREEMENT WTO: IN INDONESIA PERSPECTIVETrade Facilitation Agreement • December 7th, 2020
International trade in Indonesia has met its latest development stage through the rapidly developing trade liberalization process. This development can be seen since the beginning of Indonesia’s joining the World Trade Organization (WTO) which has succeeded in bringing Indonesian trade to the global stage. In 2014, the WTO as an international trade organization issued a multilateral agreement, namely the Trade Facilitation Agreement, which was useful for expedite movement of trade and goods flows, especially in making a harmonization in the customs and excise system. This is also a continuation of several trade liberalization negotiations and processes, such as the paperless Trade Policy, the Single Window Policy that was raised by several organizations, such as APEC and UNNExT, and the previous Doha Round and Bali package in 2011- 2014. Indonesia has ratified this agreement through Law No. 17 of 2017 that constitutes TFA to its national policy. Indonesia has also started preparing for
