The Trade Facilitation Agreement (TFA) marked its first anniversary last week. The TFA entered into force on February 22, 2017 when the World Trade Organization (WTO) obtained the required two-thirds acceptance from its members.
The WTO members are continuing to work towards fully implementing the TFA. Implementation of the TFA is expected to have positive
In the past two days, two more countries – Peru and Saudi Arabia – ratified the World Trade Organization’s Trade Facilitation Agreement (TFA). Their ratification followed Mexico and Hondurus, who ratified the TFA earlier this month.
The submission of instruments of acceptance from Peru and Saudi Arabia means that more than 80 percent of the
Turkey ratified the Trade Facilitation Agreement (TFA), and presented its instrument of acceptance to the World Trade Organization (WTO) Deputy Director General Yi Xiaozhun on March 16, 2016.
Turkey is the 71st member of the WTO to ratify the TFA. The TFA will