Phrases with «trade facilitation»

"Trade facilitation" refers to the process of making international trade easier, smoother, and more efficient. It involves simplifying and streamlining trade procedures, such as customs documentation, inspections, and regulations, to reduce costs and delays for businesses engaged in cross-border trade. The goal is to promote smoother movement of goods, enhance trade competitiveness, and boost economic growth. Full definition

Sentences with «trade facilitation»

  • The 2013 WTO Bali trade facilitation agreement, which aims to reduce red - tape and streamline customs procedures on a worldwide scale, has vast potential. (politics.co.uk)
  • Two important goals of the U.S. Customs Facilitation and Trade Enforcement Reauthorization Act of 2009 were enhancement of supply chain security and enhancement of trade facilitation. (entrepreneur.com)
  • Sitting across from her was Dan Green (third from left in striped shirt), the director of the U.S. Trade Facilitation Office in China. (sema.org)
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