Download or read book Implementing a WTO Agreement on Trade Facilitation written by J. M. Finger and published by World Bank Publications. This book was released on 2006 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Contrary to the prevailing view that the Doha negotiations have achieved little, the authors find that on trade facilitation much progress has been made. This is particularly true in regard to action by development banks and bilateral development agencies to meet client demand for assistance in reform. Active private sector participation has been an important factor driving change. Many agencies have been involved in this work. The authors find that their roles have been consistent with their comparative advantages. As to how the international community can best support continued progress, the authors conclude in favor of a cautious approach to the imposition of new WTO obligations in the area of trade facilitation. On the whole, this is the approach the WTO has taken, for example, by limiting its negotiations on trade facilitation to several specific provisions of the GATT. The WTO can continue to function as a catalyst for reform. It is perhaps uniquely placed to relate the trade facilitation agenda to the overall trade agenda. On design and construction of the relevant infrastructures and capacities to spur development, the development institutions, including bilateral agencies, should continue to lead. The authors find little evidence to support the need for a comprehensive new "platform" or mechanism to channel trade-related aid as part of implementation of any new agreement at the WTO on trade facilitation. They recommend, however, that an innovative approach to using the well established, but under utilized Trade Policy Review Mechanism be considered to increase transparency on where new aid is going over time and to expand understanding of where and how country-based progress has been achieved."--World Bank web site.
Download or read book Trade Facilitation in the Multilateral Trading System written by Hao Wu and published by Routledge. This book was released on 2018-07-11 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Negotiations on trade facilitation were concluded at the WTO 9th Ministerial Conference in 2013, and the Agreements on Trade Facilitation (TFA), therefore, became the first fully multilateral agreement in WTO history. Since then, trade facilitation has been in the limelight on the stage of the world trading system. During recent years, the TFA has been consistently on the agenda of the summits of G20, G7, and APEC. The Agreement has come into force and shall be implemented on a global scale. As a result, the WTO members shall be prepared to translate the Agreement into their domestic legislation, which will involve a series of reforms in trade laws and policies. There are extensive voices demanding a comprehensive expatiation on trade facilitation and the TFA. It is essential to systematically delve into the genesis of trade facilitation, revisit the course where the TFA came into being, and analyse the well-turned legalese of the TFA. This book meets this demand. This book is path-breaking in these aspects: it expounds on the rationales for trade facilitation and the significance of constituting an international accord on trade facilitation; it restores the one-century track of the international community’s talks on trade facilitation, from the times of the League of Nations to the WTO era; it reveals how the WTO negotiating mechanisms enabled the TFA to be nailed down, which would be enlightening for trade diplomats engaged in other WTO negotiations; and it provides an in-depth commentary on the TFA articles, which will help stakeholders more accurately understand and implement the Agreement. This book will be especially valuable for government officials and policy-makers, trade practitioners, lawyers, advisers, and scholars interested in international economic law, WTO law, international trade, international relations, and international development studies.
Download or read book Trade Facilitation and the WTO written by Sheela Rai and published by Cambridge Scholars Publishing. This book was released on 2019-06-26 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: With efforts for further substantive liberalization of trade showing little signs of success, focus has shifted to the rationalization and simplification of procedural regulations in international trade. The Agreement on the Trade Facilitation in Goods came into force in 2017, and proposals for similar agreements for trade in services and foreign investment have been submitted and are under discussion. This book discusses both existing and proposed provisions on trade facilitation within the World Trade Organisation (WTO). It covers relevant General Agreement on Tariffs and Trade (GATT) provisions and jurisprudence, the negotiating history of the Trade Facilitation Agreement in Goods, provisions of the WTO Trade Facilitation Agreement and their relevance for developing countries’ concerns, with special emphasis on India, and the prospects for a global digital trade facilitation platform. The book also discusses the desirability for trade facilitation agreements for services and investment and the possibility of success of the proposals submitted in this regard in the WTO.
Download or read book Implementing a WTO Agreement on Trade Facilitation written by Joseph Michael Finger and published by . This book was released on 2016 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to the prevailing view that the Doha negotiations have achieved little, the authors find that on trade facilitation much progress has been made. This is particularly true in regard to action by development banks and bilateral development agencies to meet client demand for assistance in reform. Active private sector participation has been an important factor driving change. Many agencies have been involved in this work. The authors find that their roles have been consistent with their comparative advantages. As to how the international community can best support continued progress, the authors conclude in favor of a cautious approach to the imposition of new WTO obligations in the area of trade facilitation. On the whole, this is the approach the WTO has taken, for example, by limiting its negotiations on trade facilitation to several specific provisions of the GATT. The WTO can continue to function as a catalyst for reform. It is perhaps uniquely placed to relate the trade facilitation agenda to the overall trade agenda. On design and construction of the relevant infrastructures and capacities to spur development, the development institutions, including bilateral agencies, should continue to lead. The authors find little evidence to support the need for a comprehensive newplatformor mechanism to channel trade-related aid as part of implementation of any new agreement at the WTO on trade facilitation. They recommend, however, that an innovative approach to using the well established, but under utilized Trade Policy Review Mechanism be considered to increase transparency on where new aid is going over time and to expand understanding of where and how country-based progress has been achieved.
Download or read book Implementing a WTO Agreement on Trade Facilitation written by J. Michael Finger and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to the prevailing view that the Doha negotiations have achieved little, the authors find that on trade facilitation much progress has been made. This is particularly true in regard to action by development banks and bilateral development agencies to meet client demand for assistance in reform. Active private sector participation has been an important factor driving change. Many agencies have been involved in this work. The authors find that their roles have been consistent with their comparative advantages. As to how the international community can best support continued progress, the authors conclude in favor of a cautious approach to the imposition of new WTO obligations in the area of trade facilitation. On the whole, this is the approach the WTO has taken, for example, by limiting its negotiations on trade facilitation to several specific provisions of the GATT. The WTO can continue to function as a catalyst for reform. It is perhaps uniquely placed to relate the trade facilitation agenda to the overall trade agenda. On design and construction of the relevant infrastructures and capacities to spur development, the development institutions, including bilateral agencies, should continue to lead. The authors find little evidence to support the need for a comprehensive new "platform" or mechanism to channel trade-related aid as part of implementation of any new agreement at the WTO on trade facilitation. They recommend, however, that an innovative approach to using the well established, but under utilized Trade Policy Review Mechanism be considered to increase transparency on where new aid is going over time and to expand understanding of where and how country-based progress has been achieved.
Download or read book Fostering Trade in Africa written by Gbadebo O.A. Odularu and published by Springer Nature. This book was released on 2020-03-09 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses trade relations and facilitation issues at both the regional and the continental African level, highlighting the increasing business opportunities and challenges that confront Africa in the digital age. It also examines the effects of trade policies and other policy instruments on Africa’s economic development and presents workable policy measures for a more business-friendly ecosystem. Discussing various topics, including trade relations between African countries, African and international trade agreements, and trade liberalization policies, the book appeals to scholars of economics, business and management as well as professionals and policymakers interested in fostering free trade and sustainable business development in Africa.
Download or read book Asian Free Trade Agreements and WTO Compatibility written by Shintaro Hamanaka and published by World Scientific. This book was released on 2014 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the appropriate relationship between regionalism and multilateralism, with a special reference to recent FTAs in Asia. It is undeniable that past trade multilateralism-regionalism debates centered on the trade-in-goods aspect.
Download or read book The Trade Facilitation Agreement and Its Relationship with Other WTO Agreements written by Nora Neufeld and published by World Trade Organization. This book was released on 2020-07-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Trade Facilitation Agreement is the first multilateral treaty adopted in the WTO since the organization was created. This book looks at how the Agreement is structured and how it relates to existing WTO agreements, such as the Customs Valuation Agreement, the Agreement on Rules of Origin, the Agreement on Import Licensing, the Agreement on Technical Barriers to Trade, the Agreement on Sanitary and Phytosanitary Measures, and the Agreement on Pre-Shipment Inspection. The publication includes the full text of the Trade Facilitation Agreement.
Download or read book The WTO Agreements written by World Trade Organization and published by Cambridge University Press. This book was released on 2017-11-16 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains the complete and official texts of the WTO Agreements, collated in one volume.
Download or read book The Trade Facilitation Agreement A New Hope for the World Trade Organization written by Antonia Eliason and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The new WTO Trade Facilitation Agreement (TFA) is a significant step forward for the international trading regime, representing new hope for the relevance of the WTO.The TFA is the first multilateral agreement since the creation of the WTO in 1995 and includes novel measures to help developing countries build capacity, while also taking into consideration regulatory concerns of WTO members through the application of the general GATT exceptions to the new agreement. While the TFA may appear narrow in scope, with regards to goods it is arguably the broadest WTO Agreement besides the GATT, since all goods that cross national borders find themselves subject to trade facilitation measures. If the TFA is properly interpreted, the combination of capacity-building measures, a focus on technological improvements and the judicious invocation of Article XX could result in a win-win situation wherein routine positive trade is streamlined, reducing time required to cross borders, while negative trade is more easily controlled and regulated at the border.Despite regulatory questions concerning implementation, it is likely that the TFA will reduce the cost of trading across borders, while improving trade for developing countries and allowing WTO members to better control trade flows, through a combination of procedural streamlining and regulatory discretion.
Download or read book Theoretical background of the WTO The agreement on trade facilitation and critical reflection written by and published by GRIN Verlag. This book was released on 2021-06-24 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2018 in the subject Economics - Other, grade: 2,0, SRH - Mobile University, language: English, abstract: The purpose of this paper is to outline the theoretical framework of the most popular economic theory approaches and the meaning of trade in general. As part of globalization nations are moving closer together and the importance and intensity of the cooperation between countries increases continuously. During this development transnational networks are getting an increasingly important role regarding the regulation and control of various areas of life such as economic relations, environmental issues, security and law. These transnational institutions are influencing technical standards and norms, they affect environmental-, consumption- and law standards and their power is gaining in importance. One of these bodies is the World Trade Organization (WTO) which was founded in the end of the 20th century with the purpose of creating a platform for negotiations about trade standards, regulating institutions in the trade sector and the development of multilateral agreements. The principles which underlain the work of the WTO include amongst others the subject of transparency, non-discrimination, and safety valves. With the evolution of a world ongoing getting more complex in trading subjects the facilitation, standardization and harmonization of global trade procedures get crucial and necessary for successful global growth. The implementation of the Agreement on Trade Facilitation (TFA) as the first multilateral agreement enforced in this context includes the establishment of global standards regarding customs and administrative measures and aims at the reduction of trading barriers and transaction costs in the future.
Download or read book A WTO Agreement on Trade Facilitation written by Mena Hassan and published by . This book was released on 2015 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is becoming more evident that better market access conditions alone, do not translate directly into increased trade opportunities for developing countries. With the burgeoning trend of lowering tariff barriers, it is "non-tariff measures" and "behind the border" barriers that are gaining ground in the trade policy debate. Trade facilitation reforms aim to lower transaction costs for businesses and help expedite the clearance and release of goods across borders. As part of the current round of multilateral trade negotiations, Members of the World Trade Organization are negotiating new commitments in the area of trade facilitation. Through its three different essays, this research tries to first examine this new multilateral agreement from a political economy perspective and address how it is neither a classic WTO Agreement nor a classic case of winners and losers in the WTO jargon. Second, with some thirty trade facilitation measures on the table, the objective of this research is to quantify the potential gains in trade performance from the implementation of this agreement. This research uses a new and original database of forty diverse developing countries which assesses their compliance level with a set of trade facilitation proposed measures. Using a combination of quantitative and qualitative methods, this research assesses the impact of five trade facilitation indicators on their trade flows. Finally, despite the positive relationship between the economic benefits of trade liberalization and trade facilitation, implementation of a WTO Accord on Trade Facilitation in developing countries will face many challenges related to the domestic politics of trade and institutional factors that policymakers need to consider for any successful implementation to take place.
Download or read book Trade Facilitation and the Global Economy written by OECD and published by OECD Publishing. This book was released on 2018-05-30 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the benefits of trade facilitation - meant to promote transparent, predictable and straightforward border procedures so as to expedite the movement of goods. The OECD Trade Facilitation indicators provide a powerful tool for assessing the impact of related reforms and moni
Download or read book The WTO Agreements written by World Trade Organization and published by Cambridge University Press. This book was released on 2017-11-16 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains the text of the WTO's founding agreement, the 1994 Marrakesh Agreement Establishing the World Trade Organization, and its Annexes, including all amendments and additions since its entry into force until September 2017. These include an amendment to the WTO's intellectual property agreement (TRIPS Agreement) aimed at improving developing countries' access to medicines, the WTO's Trade Facilitation Agreement, which entered into force in February 2017, an amendment adopted in July 2017 to extend the frequency of peer review periods under the Trade Policy Review Mechanism as of 2019, and the amended Government Procurement Agreement. This publication updates and replaces The Legal Texts: The Results of the Uruguay Round of Multilateral Trade Negotiations, which was first printed in 1994.
Download or read book The WTO Trade Facilitation Agreement written by Joseph Finger and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The WTO Trade Facilitation Agreement provides flexibility for Developing Members by allowing them to accept only the legal obligations they attach as “schedules” - as the schedules attached to a tariff agreement. The possibility that Developed Members can induce broad acceptance by Developing Members through reciprocal negotiation is compromised by Developed Members not having the flexibility of attaching schedules - they must accept all of the disciplines of the agreement. Inducing broad acceptance by Developing Members through the provision of assistance (i.e., paying Developing Members to do so) is compromised by the agreement not bringing the provision of assistance within its legal obligations. The agreement thus fails to bring reciprocity to bear on the acceptance of discipline over trade controls and fails to give operational content within the GATT/WTO legal system to the provision of assistance to developing countries. I conclude that it is another example of the “form without substance” (Robert Hudec's earlier conclusion) that has characterized the GATT/WTO system's relations with developing countries since its beginning.
Download or read book National Trade Facilitation Committees written by and published by . This book was released on 2018 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book WTO Trade Facilitation Agreement written by Rachel F. Fefer and published by . This book was released on 2017 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
