Trade Facilitation Agreement

From ACT Wiki
Jump to navigationJump to search


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