At least 107 states are set to open up customs and port procedures by the end of this year, easing cross-border movement of goods across the world.
The states are expected to sign the Trade Facilitation Agreement (TFA) in Nairobi by December 18 during the World Trade Organisation’s first ministerial conference in Africa.
“The TFA can make sure that trade really works. This is why it is so important to put it into effect as soon as possible. The ratification and entry into force of the TFA must be high on every WTO member’s agenda,” said Foreign Affairs and International Trade secretary Amina Mohamed who will chair the December global event. Read more. Source | Business Daily