Trade Facilitation Agreement Citation
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. 14 J. S. Wilson, C. L. Mann, and T. Otsuki, `Trade and Economic Development: Measuring the Impact`, World Bank Policy Research Working Paper Series, Working Paper No. 2988, 2003, at 3-4. Wilson et al.
find these indicators more useful than trade facilitation indicators. Other economic studies have also focused on these types of indicators. (iii) Members should also promote internal coordination between their trade and development agents, both in the capitals and in Geneva, in the implementation of this Agreement and technical assistance; 71 N. Basu, “India calls for changes to the WTO Trade Facilitation Agreement,” Business Standard (21 September 2013), www.business-standard.com/article/economy-policy/india-demands-changes-in-wto-trade-facilitation-agreement-113091800886_1.html. The TFA is the first multilateral agreement since the creation of the WTO in 1995 and includes new measures to help developing countries build capacity, taking into account the regulatory concerns of WTO members by applying the general GATT exemptions to the new agreement. While the TFA may appear narrow in its scope, it is arguably the most comprehensive WTO agreement with THE GATT on products, as all products that cross national borders are subject to trade facilitation measures. If the TFA is properly interpreted, the combination of capacity-building measures, the emphasis on technological improvement and the prudent referral of Article XX could lead to a win-win situation that would streamline positive exchanges in routine operations, reducing the time it takes to cross borders, while negative border exchanges will be more easily controlled and regulated. 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. (ii) for least developed countries, the expanded integrated framework for trade assistance to least developed countries should be part of this coordination process; and (a) where the circumstances or objectives that lead to their adoption no longer exist, or if the changed circumstances or objectives can be addressed in a manner reasonably less likely to restrict trade; 7 “WTO Agreement on Trade Facilitation – Potential Impact on Trade Costs,” OECD, February 2014, www.oecd.org/trade/facilitation/The%20WTO%20Trade%20Facilitation%20Agreement%20%E2%80%93%20Potential%20Impact%20on%20Trade%20Costs.pdf.
If you have written this article and are not yet registered with RePEc, we advise you to do so here. This way, you can link your profile to this item. It also allows you to accept possible quotes on this article of which we are not sure. 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: 12.1 Nothing in this article prevents a member from concluding or maintaining a bilateral, multi-lateral or regional agreement on the exchange or exchange of customs information and data, including on a safe and rapid basis, for example on an automatic basis. B or before the shipment arrives.