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WTO launches website on trade facilitation

WTO, the World Trade Organisation, has launched a new website which will serve as a focal point for members, donors, and others seeking information on the new Trade Facilitation Agreement Facility (TFAF)

TFAF was created at the request of developing country and least-developed country (LDC) members to help ensure that they receive the assistance needed to reap the full benefits of the Trade Facilitation Agreement and to support the ultimate goal of full implementation of the new agreement by all members.

The TFAF will support these countries in assessing their specific needs and identifying possible development partners to help them meet those needs through a diverse number of activities.

The website can be accessed in English, French and Spanish.

Developing and LDC members must notify the WTO which provisions they will implement when the agreement enters into force or, in the case of LDCs, within one year after entry into force (Category A commitments); which provisions they will implement after a transitional period following the entry into force of the agreement (Category B); and which provisions they will implement on a date after a transitional period following the entry into force of the agreement and that require the acquisition of assistance and support for capacity building (Category C).

 
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