Trade and Facilitation Agreement

It is estimated that developing and least developed countries, mainly African countries, could reduce trade costs in the most significant way. (ii) for members of least developed countries, the Enhanced Integrated Framework for Trade-Related Assistance to Least Developed Countries should be part of this coordination process. In 2013, Members of the World Trade Organization (WTO) concluded negotiations on the WTO Trade Facilitation Agreement (TFA), which established multilateral rules to overcome certain procedural barriers to facilitate trade procedures. The TFA entered into force in 2017 and represents an important opportunity for countries to reap the economic benefits of improving the speed and efficiency of border procedures. In the special and differential treatment provisions, the TFA grants developing and least-developed countries a grace period during which both groups of countries are excluded from the application of the Dispute Settlement Agreement (Article 20). Given the level of development, the agreement provides for shorter periods for developing countries and longer periods, as well as a wider scope for least developed countries. The Trade Facilitation Policy Simulator allows you to quickly get an overview of the indicators and key metrics that determine the overall performance of a selected country, and compare the selected country with other countries. It also simulates potential policy reforms: by modifying the data in specific policy areas, you can get an “edited” performance bar that shows the impact of policy changes on the overall performance of the selected country and on its relative performance compared to other countries. The information obtained can be shared, referenced or downloaded. Mindful of the need for effective cooperation among Members in trade facilitation and customs compliance, (c) the least trade-restrictive measure where two or more alternative measures are reasonably available to achieve the policy objective(s) concerned; and notify, notify, notify: Developing countries and LDCs wishing to make use of the special and differential treatment provisions of the TFA must comply with the notification obligations for implementation set out in the agreement. These notifications shall form part of the agreement. Developing countries cannot expect to benefit from these flexibilities if they do not respect their part of the agreement. 1.2 Each Member shall ensure, to the extent possible and in accordance with its national laws and legal systems, that new or amended laws and regulations of general application relating to the transport, release and handling of goods, including goods in transit, are published as soon as possible before their entry into force or that information concerning them is otherwise made public.

to allow merchants and other interested parties to get to know them. 2. Each Member shall cooperate, to the extent possible and to the extent possible, amicably with other Members with which it shares a common border in order to coordinate procedures at border crossing points and to facilitate cross-border trade. Such cooperation and coordination may include: 4.1 Members shall endeavour to establish or maintain a one-stop shop for economic operators to submit to participating authorities or bodies documents and/or data requirements for the import, export or transit of goods through a single point of entry. After examination of the documents and/or data by the participating authorities or agencies, the results shall be communicated to applicants in a timely manner through the Single Window. 4.2 Each Member shall design and apply risk management in such a way as to avoid arbitrary or unjustifiable discrimination or disguised restriction on international trade. OECD ITS also enable countries to identify their strengths and weaknesses in trade facilitation, prioritize policy areas, and better target technical assistance and capacity building. Financial institutions in charge of foreign affairs measure not only the extent to which countries have introduced and implemented trade facilitation measures in absolute terms, but also their performance compared to others by using a number of quantitative measures in key areas of the border process. The eleven TFI assume values from 0 to 2, 2 indicating the best possible performance.

The variables in the TFI dataset are encoded with 0, 1, or 2. These are intended not only to reflect the legal framework of the countries concerned, but also to review, to the extent possible, the status of implementation of various trade facilitation measures. The methodology provides an overview of the structure of the indicators and describes the data collection process. 3. Members from developing and least developed countries intending to receive trade facilitation assistance and capacity-building support shall provide the Committee with information through the contact point(s) of the office(s) responsible for coordinating and prioritizing such assistance and priorities. .