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Delay in WTO Trade Facilitation Pact Leaves Countries Worried

Posted August 29, 2014

Under Economic Issues, International Trade Issues

(Business Standard)

Members also agreed to expedite talks on the Regional Comprehensive Economic Partnership Agreement (RCEP)

The Association of Southeast Asian Nations (Asean) on Wednesday expressed concern over delay in implementing the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA) that seeks to smoothen global customs rules, as was agreed during the during the Bali Ministerial last year.

Members also agreed to expedite talks on the Regional Comprehensive Economic Partnership Agreement (RCEP). Read more here.