• Agenda
  • Initiatives
  • Reports
  • Events
  • About
    • Our Mission
    • Leadership and Governance
    • Our Members and Partners
    • Communities
    • History
    • Klaus Schwab
    • Media
    • Contact Us
    • Careers
    • World Economic Forum USA
    • Privacy and Terms of Use
  • EN ES FR 日本語 中文
  • Login to TopLink

We use cookies to improve your experience on our website. By using our website you consent to all cookies in accordance with our updated Cookie Notice.

I accept
    Hamburger
  • World Economic Forum Logo
  • Agenda
  • Initiatives
  • Reports
  • Events
  • About
  • TopLink
  • Search Cancel

Global Enabling Trade Report 2016

  • Enabling Trade Index rankings
  • Economy profiles
  • Press releases
  • Enabling Trade Index world map
  • Downloads
  • Blogs and opinions
  • Infographics
  • Report Content
    • Contributors and acknowledgements
    • Preface
    • (Re-)making the case for inclusive trade
    • The need for practical responses
      • Why trade facilitation matters
      • The Trade Facilitation Agreement in a nutshell
    • The Global Alliance for Trade Facilitation
    • Measuring trade facilitation
      • Data-driven policy-making
      • Trade facilitation data initiatives
        • OECD Trade Facilitation Indicators for Brazil
        • Smart statistics for intelligent progress: TRANSPark
    • The Enabling Trade Index 2016 framework
      • Changes to the ETI methodology
      • Composition and computation of the Enabling Trade Index 2016
      • Technical Notes and Sources
    • Key message: Globalization for all
    • Key message: Closed for business
    • Key message: Harvest that low-hanging fruit
    • Enabling Trade Index results
      • Regional overview: Europe and North America
      • Regional overview: East Asia and Pacific
      • Regional overview: Middle East and North Africa
      • Regional overview: Latin America and the Caribbean
      • Regional overview: Eurasia
      • Regional overview: Sub-Saharan Africa
      • Regional overview: South Asia
      • Trade facilitation performance in Africa
    • Wrap up!
The Global Enabling Trade Report 2016   The Trade Facilitation Agreement in a nutshell
Home
The Global Enabling Trade Report 2016   The Trade Facilitation Agreement in a nutshell
Home
The Global Enabling Trade Report 2016 Home
  • Report Home
  • Enabling Trade Index rankings
  • Economy profiles
  • Press releases
  • Enabling Trade Index world map
  • Downloads
  • Blogs and opinions
  • Infographics
  • Report Content
    • Contributors and acknowledgements
    • Preface
    • (Re-)making the case for inclusive trade
    • The need for practical responses
      • Why trade facilitation matters
      • The Trade Facilitation Agreement in a nutshell
    • The Global Alliance for Trade Facilitation
    • Measuring trade facilitation
      • Data-driven policy-making
      • Trade facilitation data initiatives
        • OECD Trade Facilitation Indicators for Brazil
        • Smart statistics for intelligent progress: TRANSPark
    • The Enabling Trade Index 2016 framework
      • Changes to the ETI methodology
      • Composition and computation of the Enabling Trade Index 2016
      • Technical Notes and Sources
    • Key message: Globalization for all
    • Key message: Closed for business
    • Key message: Harvest that low-hanging fruit
    • Enabling Trade Index results
      • Regional overview: Europe and North America
      • Regional overview: East Asia and Pacific
      • Regional overview: Middle East and North Africa
      • Regional overview: Latin America and the Caribbean
      • Regional overview: Eurasia
      • Regional overview: Sub-Saharan Africa
      • Regional overview: South Asia
      • Trade facilitation performance in Africa
    • Wrap up!

    The Trade Facilitation Agreement in a nutshell

    Share

    Download PDF

    In December 2013, the members of the World Trade Organisation (WTO) adopted the so-called “Bali Package” during the Ninth WTO Ministerial Conference. A major component of the Package, the Trade Facilitation Agreement (TFA) has the potential to accelerate progress on many of these practical obstacles. The TFA is structured around thirteen issues:

    1. Publication and availability of information
    2. Opportunity to comment, information before entry into force and consultation
    3. Advance rulings
    4. Appeal or review procedures
    5. Other measures to enhance impartiality, non-discrimination and transparency
    6. Discipline on fees and charges imposed or on in connection with importation and exportation
    7. Release and clearance of goods
    8. Border agency cooperation
    9. Movements of goods under customs control intended for import
    10. Formalities connected with importation, exportation and transit
    11. Freedom of transit
    12. Customs cooperation
    13. Institutional arrangements

    Further, the TFA contains provisions for special and differential treatment (SDT) for developing and least-developed countries. In accordance with these, countries can decide which provisions of the TFA to implement immediately after the agreement is in force, after a transitional period, or after capacity building support has been provided. To benefit from SDT, a member must categorize each provision of the Agreement, as follows:

    • Category A commitments: provisions that the member will implement by the time the TFA enters into force (or in the case of a least-developed country member within one year after entry into force)
    • Category B: provisions that the member will implement after a transitional period following the entry into force of the TFA
    • Category C: provisions that the member will implement on a date after a transitional period following the entry into force of the TFA and requiring the acquisition of assistance and support for capacity building
    • For provisions designated as categories B and C, the member must provide dates for implementation of the provisions

    The Economy profiles at the end of the Report lists the notifications by category.

    In November 2014, the final version text of the TFA was adopted and opened for ratification. Once the agreement is ratified by two thirds of all WTO members, it will enter into force, As of October 2016, 96 of the 164 members had ratified it, which means the TFA will enter into force once a further 15 members have ratified.1

    1
    1 See http://www.tfafacility.org/ for up-to-date list of ratifications and notifications.
    • Global Alliance
    • Global Themes
    Back to Top
    Subscribe for updates
    A weekly update of what’s on the Global Agenda
    Follow Us
    About
    Our Mission
    Leadership and Governance
    Our Members and Partners
    The Fourth Industrial Revolution
    Centre for the Fourth Industrial Revolution
    Communities
    History
    Klaus Schwab
    Our Impact
    Media
    Pictures
    A Global Platform for Geostrategic Collaboration
    Careers
    Open Forum
    Contact Us
    Mapping Global Transformations
    Code of Conduct
    World Economic Forum LLC
    Sustainability
    World Economic Forum Privacy Policy
    Media
    News
    Accreditation
    Subscribe to our news
    Members & Partners
    Member login to TopLink
    Strategic Partners' area
    Partner Institutes' area
    Global sites
    Centre for the Fourth Industrial Revolution
    Open Forum
    Global Shapers
    Schwab Foundation for Social Entrepreneurship
    EN ES FR 日本語 中文
    © 2022 World Economic Forum
    Privacy Policy & Terms of Service