Common Contracts
2 similar Trade Facilitation Agreement contracts
Why the World Trade Organization's New Trade Facilitation Agreement is a Promising DevelopmentTrade Facilitation Agreement • May 30th, 2022
The newly approved and recently implemented Trade Facilitation Agreement is the first international trade agreement of its kind. It will make it easier for all member nations of the World Trade Organization, but especially developing nations, to participate in and profit from international trade. Perishable goods produced in small quantities – like food and other agricultural products grown on small-scale farms in developing countries – are difficult to sell in international markets. Often foods and other perishables spoil because they get caught in bureaucratic bottlenecks when crossing borders. The Trade Facilitation Agreement will remove these inefficiencies, making it easier for large and small exporters to benefit and facilitating global trade by removing regulatory obstacles and barriers at national borders.
WHY THE WORLD TRADE ORGANIZATION’S NEW TRADE FACILITATION AGREEMENT IS A PROMISING DEVELOPMENTTrade Facilitation Agreement • September 12th, 2017
The newly approved and recently implemented Trade Facilitation Agreement is the first international trade agreement of its kind. It will make it easier for all member nations of the World Trade Organization, but especially developing nations, to participate in and profit from international trade. Perishable goods produced in small quantities – like food and other agricultural products grown on small-scale farms in developing countries – are difficult to sell in international markets. Often foods and other perishables spoil because they get caught in bureaucratic bottlenecks when crossing borders. The Trade Facilitation Agreement will remove these inefficiencies, making it easier for large and small exporters to benefit and facilitating global trade by removing regulatory obstacles and barriers at national borders.
