What is the Trade Facilitation Agreement?

What is the Trade Facilitation Agreement?

Trade Facilitation Agreement (TFA) was developed by the WTO with the aim of improving trade efficiency worldwide, encouraging economic growth, and taking advantage of new technologies.

The agreement aims to streamline customs and trade facilitation processes, speeding up the movement and clearance of goods at borders while ensuring transparency.

The successful implementation of the WTO’s Trade Facilitation Agreement (TFA) has led to increased global focus on holding border agencies and governments accountable for their commitments.

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