Agreement On Trade Facilitation

Prevent, prevent, prevent: developing countries and LDCs that are willing to adopt the specific and differentiated provisions of the TFA must meet the implementation communication requirements set out in the agreement. These notifications are part of the agreement. Developing countries cannot expect these flexibilities if they do not respect their part of the agreement. 4.1 Members strive to establish or maintain a single time window allowing economic operators to provide participating authorities or agencies with documents and/or data requirements for the importation, export or transit of goods through a single port of entry. After reviewing the documentation and/or data by the relevant authorities or agencies, the results are communicated to applicants in a timely manner through the single window. Traders in developing and industrialized countries have long stressed the enormous “administrative burden” that still weighs on the cross-border transfer of goods and which is a particular burden for small and medium-sized enterprises. The TFA contains provisions to expedite the transfer, release and release of goods, including goods in transit. Measures are also planned for effective cooperation between customs and other relevant authorities on trade facilitation and tariff compliance. It also contains provisions for technical assistance and capacity building in this area.

The agreement will help to improve transparency, increase opportunities for participation in global value chains and reduce opportunities for corruption. Work on the Trade Facilitation Agreement continued after the Singapore Summit. [2] The main objective of these discussions was to gain a first understanding of the scope of the agreement. The definition of a clearly defined role for the WTO has become a priority. The role of the WTO has been relatively broad. The first proposal stated that the WTO would have jurisdiction over payments, insurance and other financial requirements in the area of international trade. [2] In the late 1990s, efforts by a number of countries to make WTO rules binding and unassponed provoked a response to narrow the scope and focus on some aspects of the GATT. The two main products of interest were GATT Articles VIII and X. [2] The European Union promotes and plays a leading role in facilitating trade: on the eve of the Ministerial Conference in Bali in December, the development process, with the direct help of the Director-General, had resulted in a quasi-clean text.

Until now, differences of opinion have been limited to a small number of members who were able to find a solution at a bilateral meeting that allowed them to return as members. The former litigation and discontent groups such as S-D and Customs Cooperation were now in brackets. Although the trade facilitation agreement has not yet been fully finalized by the Ministerial Conference, it was in good shape to be brought to and concluded. The ministerial conference led to new rounds of negotiations and differences of opinion, but the members finally reached agreement on a text on the agreement. After a decade of negotiations, the WTO finally concluded its trade facilitation agreement at the end of 2013, which was extended to 2014. [2] 4.4 Each member is based on a risk assessment based on appropriate selectivity criteria. These selectivity criteria may include, among other things, the harmonized system code, the nature and designation of goods, the country of origin, the country of origin, the value of the goods, the registration of distributor compliance and the type of means of transport. Under the special and differentiated treatment provisions, the TFA provides developing countries and LDCs with additional time during which both groups of countries are exempt from the application of the dispute settlement agreement (Article 20).