The WCO is the world representative of the international Customs community, its most active spokesperson and institutional support. The WCO represents 179 Customs administrations, which together manage approximately 98% of world trade. As a global centre of excellence for Customs, the WCO has the tools and expertise to support the implementation of all legal, political, procedural, technological and human aspects related to trade facilitation. In June 2014, the WCO launched the Mercator Programme to assist governments around the world in the rapid and harmonized implementation of trade facilitation measures, including the provisions of the WTO TFA, using the WCO`s core instruments and instruments such as the Revised Kyoto Agreement (CRK) and with tailor-made technical assistance. This publication complements the WCO Implementation Guide web tool and provides an introduction to this guide. Although the implementation guidance focuses in detail on the individual provisions of Section I on trade facilitation, this document has been developed to provide an overview of the TFA, the history behind it, the main steps needed to join the TFA and comply with the TFA, including the implementation sequence, the provision of technical assistance/capacity building (TA/OC) and follow-up, Give. Fact sheets should not be seen as additional proposals to wto negotiations or as alternatives to WTO Members` proposals. They were ready to help trade negotiators better understand some key issues. The WCO is ready to respond to requests for information on these concepts and conditions.

Questions about WTO Members` proposals should be asked of the proponents of the proposals. The Trade Facilitation Agreement was concluded at the Tenth WTO Ministerial Conference in Nairobi, Kenya, in December 2015. A total of 81 WTO members have ratified the Agreement so far. The organization is thus approaching the threshold – two-thirds of its 162 members – required for the entry into force of the agreement. As a result, the WCO has produced fact sheets to assist administrations in explaining the concept of the WCO and the terms of some of the key trade facilitation measures. In fact, the WCO has been working on these concepts for some time, particularly during the work related to the revision of the Kyoto Accord. The two organizations will collaborate in the design and implementation of capacity-building projects aimed at improving the registration process and facilitating exchanges, including the application of simplified and harmonized procedures, risk management and modern working methods. It is estimated that full implementation of the TFA could reduce trade costs by an average of 14.3 percent and increase global trade by $1 trillion a year, with the biggest profits being recorded in the poorest countries. For the first time in the history of the WTO, the requirement to implement the agreement is directly linked to the country`s ability to do so.

A Trade Facilitation Agreement Mechanism (TFAF) has been put in place to ensure that developing and least developed countries receive the necessary support to take full advantage of the TFA. Trade facilitation requests can be addressed electronically or by mail to the following people: To get a better overall picture of how trade facilitation support is provided by international organizations around the world, you can search for a specific country, an implementing organization, a type of project and more on this page. This information is also available by recipient country on the Contact Points page. Technical assistance in trade facilitation is provided by the WTO, WTO Members and other intergovernmental organizations, including the World Bank, the World Customs Organization and the United Nations Conference on Trade and Development (UNCTAD). .

Wco Trade Facilitation Agreement

  • October 14th, 2021
  • Posted in Uncategorized

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