Sentences with phrase «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
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.
Sitting across from her was Dan Green (third from left in striped shirt), the director of the U.S. Trade Facilitation Office in China.
Some of the public bodies operate under the United Nations banner — the Centre for Trade Facilitation (CEFACT), for example — and some not, such as the Organization for Economic Co-operation and Development (OECD).
The President said trade facilitation in Ghana has been enhanced with 57 % increase in the volume of goods processed in the customs technical services bureau.
The road which links Bolga to Togo and Burkina Faso is riddled with pot holes having adverse effect on trade facilitation.
In Ghana, he said trade facilitation has been enhanced with a 57 % increase of volumes of goods processed at the Customs Technical Service Bureau which will have a very dramatic impact on Ghana's international investment competitiveness with direct impact «on our domestic economic situation, offering up much more job opportunity, and improve living standards for our people.»
The Office of International Transportation and Trade provides departmental leadership, direction, and coordination on international surface and intermodal transportation and trade policies and programs, including trade facilitation, technical assistance and cooperation programs, trade promotion and advocacy, multimodal transportation issues, and international diplomatic and protocol activities; to lead and coordinate departmental representation in global transportation and trade organizations.
Survey results of business people in the APEC region on 3 issues in APEC's trade facilitation agenda: customs procedures; standards and conformances; and mobility of business people.
Once other e-governance and trade facilitation initiatives proposed by the FTP are implemented — such as online issue of export obligation certificates, acceptance of mobile applications and 24/7 customs clearance at 18 major seaports and 17 air cargo complexes — business conditions for traders will improve even further.
These distinctly 20th century metal bending and fabrication businesses need their banks to provide accounts receivable and inventory working capital financing, floor plan financing, equipment term financing, real estate secured mortgage lending and import / export trade facilitation and credit.
(WASHINGTON, D.C.) The Grocery Manufacturers Association (GMA) today applauded Rep. Devin Nunes (R - CA) for his introduction of the Agricultural Trade Facilitation Act, a bill that will help expand export markets for U.S. agricultural products through facilitating trade agreements that are science based and transparent.
Through transparency, data - analysis and digital trade facilitation we deliver services that help buyers, sellers and analysts realise opportunity in the dairy trading world.
Dr. Nortey Omaboe, Chief Executive Officer Ghana Community Network Services Limited (GCNET) Best ICT and Trade Facilitation Services CEO of the Year (Public Sector)
If we are talking about international leadership, a truly «global Britain» should divert its attention towards schemes designed to enhance trade facilitation.
He noted steps taken towards trade facilitation in the country have made Ghana a favorable destination for foreign investment.
Early acceptance of the TFA by countries in the Hemisphere will signal their commitment to, and leadership on, trade facilitation matters.
With the growing prevalence of regional and global supply chains, effective and predictable trade facilitation is an essential ingredient in making supply chains work for all countries, particularly developing countries.
The World Trade Organisation (WTO) is looking at Trade Facilitation to reduce the onerous levels of paperwork but is forced to move at the rate of the slowest member states in terms of electronic data interchange and border controls at crossings.
The UNCITRAL colloquium heard of a number of examples, including at the Centre for Trade Facilitation (CEFACT) of the UN Economic Commission for Europe and at the UN Economic Commission for Asia and the Pacific.
The President, who highlighted the attractive business and investment opportunities that abound in the country, stressed the need for prospective investors to take advantage of the Federal Government's new policies on trade facilitation.
The Office of International Transportation and Trade provides departmental coordination on international surface and intermodal transportation and trade policies, including trade facilitation, technical assistance and cooperation programs, trade promotion and advocacy, multimodal transportation issues, and international diplomatic and protocol activities; and coordinates Departmental representation in global transportation and trade organizations.
In addition, the Assistant Secretary leads the Department's efforts on international cooperation, export promotion and trade facilitation in transportation.
At meeting, the United States and Morocco announced agreement on three new initiatives: a Trade Facilitation Agreement, Joint Principles for International Investment, and Joint Principles for Information and Communication Technology (ICT) Services.
Additionally, negotiators made progress in several other negotiating groups, including customs and trade facilitation, digital trade, good regulatory practices, and certain sectoral annexes.
The EU - ABC has established, and continues to develop, a series of Advocacy Groups covering both individual commercial sectors (e.g. Automotive; Insurance; Healthcare; Financial Services) and cross-industry issues (e.g. IPR / Illicit Trade; Human Capital; Customs Procedures & Trade Facilitation).
The Trade Facilitation Office of Canada (TFO) is well aware of the benefits export - growth can create.
«As a Trade Commissioner, I am at the forefront of international business development and trade facilitation,» says Emmanuel.
Delegations were led by the chief negotiators for the three countries, who indicated that progress was made in the areas of sanitary and phytosanitary (SPS) rules, customs, trade facilitation, telecommunications, good regulatory practices, anti-corruption, market access for goods, technical barriers to trade (TBT), digital trade, and some sectoral annexes.
Ratified by more than 110 of 164 member countries, the Trade Facilitation Agreement (TFA) has gone into force, launching «a new phase for trade facilitation reforms all over the world,» according to the WTO.
The countries of Canada, Chile, Costa Rica, the Dominican Republic, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru, and the United States, issue the following statement regarding the importance of trade facilitation and entry into force of the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) to increase prosperity and equity throughout the Americas.
The port's activity forces Border Patrol to walk a hard line between border security and trade facilitation.
Seated next to Oltz in the black shirt was Andy Barbieri of SCT and, on the other side, Dan Green, director of the Trade Facilitation Office of the U.S. Embassy in Beijing.
This summary of proceedings of the Multi-Year Expert Meeting on Transport and Trade Facilitation, 2009, draws on the documentation from the Expert Meeting, and provides hyperlinks to speakers» presentation.
This plan outlined the following objectives: «addressing threats early, trade facilitation, integrated cross-border law enforcement, and critical infrastructure and cybersecurity.»
Negotiations on the Trade Facilitation Agreement were concluded at the WTO's Bali Ministerial Conference in December 2013 and since then work has been under way to reach the two - thirds of WTO Members ratifications required for the TFA to come into force.
The Trade Facilitation Agreement (TFA) will have the greatest impact for the economies of the world's poorest nations — to sub-Saharan economies this could be upwards of $ 10billion per year.
During the process of the trade facilitation and deduction of the tariff and non-tariff barriers, China also pays attention to the duty income and national security interests.
Today's case in point: a United Nations draft technical standard on «signed digital evidence»: United Nations Economic Commission for Europe's Centre for Trade Facilitation and Electronic Business (UNE / CEFACT) Recommendation No. 37, «Signed Digital Evidence Interoperability Recommendation», ECE / TRADE / C / CEFACT / 2010/14.
The volume of trade continues to grow, giving Customs agencies throughout the world a real challenge in the handling of enforcement and trade facilitation with static resources and ever increasing volume of trade.
This trade facilitation from Huobi comes as a breather to many whereas other are worrying about the associated dangers.