Trade Facilitation Agreement

(TFA).

The Trade Facilitation Agreement entered into force in February 2017.

It is a multilateral global trade agreement including:

• Improvements to the availability and publication of information about cross-border procedures and practices;
• Improved appeal rights for traders;
• Reduced fees and formalities connected with the import and export of goods;
• Faster clearance procedures; and
• Enhanced conditions for freedom of transit for goods.

See also

• European Free Trade Association
• Financial Services Committee
• Free trade
• The role of the OECD export credit agencies
• World Trade Organization