Agreement On Trade Facilitation (Tfa)

7.1 Each Member shall provide additional trade facilitation measures with respect to the import, export or transit formalities and procedures referred to in paragraph 7.3 to operators meeting certain criteria, hereinafter referred to as “authorized operators”. Another Member may propose such trade facilitation measures under customs procedures which are generally available to all economic operators and is not required to establish a separate regime. The first discussions on trade facilitation began in the mid-1990s. In 1996, the Singapore Ministerial Conference gave its first directive to the WTO, but under a different conceptual title. [2] The language used in the letter reflected a potential compromise between those who wished to renegotiate the terms of an agreement and those, particularly developing and least developed countries, who had doubts about the success of new negotiations and preferred a much narrower/limited agenda. Many of the doubts about the future new multilateral trade agreement were that they might not be able to make additional commitments, particularly for developing and least developed countries. All developed countries have supported the trade facilitation agreement to date, as well as a number of developing countries such as Chile, Colombia, Costa Rica, the Republic of Korea, Paraguay and Singapore. [2] However, it remained difficult to convince the acceding countries to agree on multilateral negotiations. However, there was no opposition to the work and development of the Trade Facilitation Act.

The law promised to reduce tariff barriers and non-tariff issues. However, most developing and least developed countries supported an approach that encouraged followers of the guidelines against a disciplinary mandate. 1.1 Members agree on the importance of ensuring that distributors are aware of their compliance obligations, promoting voluntary compliance so that importers can correct themselves in appropriate circumstances, without penalty, and applying compliance measures to take stricter measures for non-compliant traders. (14) Since the Trade Facilitation Agreement was considered a non-binding document and not a set of incentives for developed, developing and least developed countries, many developing and least developed countries expressed doubts as to the ability of the most prosperous countries to fulfil their assistance obligation. Many African nations are wondering how this agreement can benefit them not only for international trade, but also for interregional trade. [7] As a result, many developing countries are still not in a position to fully commit to ratifying this agreement. Industrialized countries have been able to commit to the agreement because they are able to meet its requirements. .

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