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Full and swift implementation of the WTO Trade Facilitation Agreement can deliver large trade dividends to developing and least-developed countries

Published on October 28, 2015

Implementation of the WTO Trade Facilitation Agreement (TFA) has the potential to increase global merchandise exports by up to $1 trillion per annum, according to the WTO’s flagship World Trade Report released on 26 October 2015 in Geneva – the first detailed study of the potential impacts of the TFA based on a full analysis of the final agreement text. Significantly, the Report also found that developing countries will benefit significantly from the TFA, capturing more than half of the available gains. Read more. Source | World Trade Organisation