Common Contracts
1 similar Trade Facilitation Agreement contracts
The Trade Facilitation Agreement enters into force -Trade Facilitation Agreement • May 3rd, 2017
Successive Rounds of Multilateral Trade Negotiations culminating in the Uruguay Round in 1994, succeeded in dramatically reducing tariffs and other barriers to international trade, but trade costs remain high due in part to administrative burdens and inefficient customs procedures. In a world increasingly characterized by globalized manufacturing, just in time production and integrated supply chains, there has been growing recognitions of the need for global trade rules to facilitate trade.
