Trade Facilitation AgreementTrade Facilitation Agreement • June 1st, 2015
Contract Type FiledJune 1st, 2015In December 2013 WTO Members concluded negotiations on a new Trade Facilitation Agreement (WT/MIN (13)/36) aimed at expediting the movement, release and clearance of goods, including goods in transit, and at improving customs cooperation. The Agreement contains unique special and differential treatment (SDT) measures that link the requirement to implement with the capacity of developing and least developed countries (LDC) to do so. The Agreement provides even greater flexibility in implementation for LDCs than for developing countries. It also recognizes the need for donor Members to enhance assistance and support for capacity building.