The TFA and you
Learn more on how to make use of the Trade Facilitation Agreement (TFA):
- What is it about?
- How can it benefit you as a trader?
- What information can you access on this platform?
Access resources to track and analyse WTO Members' commitments under the TFA:
- What are the notification requirements for WTO Members?
- Analysis of notification, ratification and implementation status
Traders from both developing and least-developed countries(LDCs) have long pointed to the vast amount of “red tape” that still exists inmoving goods across borders, and which poses a particular burden on small andmedium-sized enterprises.
To address this, WTO Members negotiated a landmark TradeFacilitation Agreement (TFA) which entered into force on 22 February 2017 following its ratification by two-thirds of the WTO membership.
What are the 3 main objectives of the TFA?
1. Expedite the movement, release and clearance of goods, including goods in transit
2. Improve cooperation between customs and other authorities
3. Enhance technical assistance and build capacity for the implementation of the TFA