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Focus on Regulation

Tag Archives: WTO

Landmark WTO Trade Facilitation agreement promises to streamline customs clearance procedures around the world

On Saturday, 7 December 2013, the Ninth Ministerial Conference of the World Trade Organization (WTO) announced the successful conclusion of an agreement on Trade Facilitation (Agreement) — an agreement that is intended to streamline customs clearance procedures around the world by imposing new multilateral disciplines on customs procedures in all member countries. The Agreement imposes