World Trade Organization Trade Facilitation Agreement

The Trade Facilitation Agreement (TFA) is a binding multilateral trade agreement between members of the World Trade Organization. The TFA was completed in December 2013 and officially entered into force in February 2017. 3. Members of the least developed countries should make commitments only to the extent that they meet their individual development, financial and trade needs or administrative and institutional capacities. Each member establishes a national trade facilitation committee and/or designates an existing mechanism to facilitate internal coordination and implementation of the provisions of this agreement. 7.1 In accordance with paragraph 7.3, each Member adopts additional trade facilitation measures in relation to import, export or transit procedures and procedures to operators who meet certain criteria, the following, known as approved economic operators. In addition, a member may propose such trade facilitation measures under customs regimes, which are generally available to all economic operators, and is not required to put in place a separate system. Section II of the agreement contains innovative special and differentiated treatment provisions that link implementation by developing countries and LDCs to the acquisition of the ability to implement the agreement for the first time in WTO history (see box). (c) To ensure that the measures being reformed in private sector trade facilitation are taken into account in ancillary activities; 2. Each member cooperates, where possible and where possible, under conditions agreed with other members with whom it has a common border, in order to coordinate procedures at border crossing points to facilitate cross-border exchanges.

This cooperation and coordination may include: 1. Donors agree to facilitate assistance and support for capacity building in developing and least developed countries on mutually agreed terms, either bilaterally or through relevant international organizations. The aim is to help developing and least developed countries implement the provisions of Section I of this agreement. It should be noted that the Democratic People`s Republic of Lao and Malawi are the only LDCs to have provided information on the operation of their single-desk systems (where distributors submit regulatory documents in one place). The second anniversary of the agreement is an excellent time to verify the level of ratification, notification of implementation and transparency of the AFA. The WTO, WTO members and other intergovernmental organizations, including the World Bank, the World Customs Organization and the United Nations Conference on Trade and Development (UNCTAD), provide technical assistance to trade facilitation. In July 2014, the WTO announced the creation of a trade facilitation mechanism that helps developing countries and LDCs implement the Trade Facilitation Agreement. The facility came into force on 27 November 2014 with the adoption of the Trade Facilitation Protocol. 1.5 The Committee maintains close contacts with other international trade facilitation organizations, such as the WCO, in order to obtain the best possible recommendations for the implementation and management of the agreement and to avoid unnecessary duplication. To this end, the committee may invite representatives of these organizations or their subsidiary bodies to: 5.

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