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Trade Press Releases

Displaying Results 76 - 100 of 124

Countries around the world are moving towards seamless global supply chains. This is one of the key preliminary findings of the Joint United Nations Regional Commission (UNRCs) Survey on Trade Facilitation and Paperless Trade, presented on Wednesday 12 July, at the World Trade Organization (WTO
The entry into force of the Trade Facilitation Agreement (TFA), last 22 February 2017, calls on Member Countries of the World Trade Organization (WTO) to establish National Trade Facilitation Committees (NTFCs). Based on TFA Art.23 on Institutional Arrangements, such Committees are entrusted
The OECD estimates that countries could reduce trade cost by about 5% only by simplifying trade documents, automating trade, and customs processes. The revision of two Recommendations and the adoption of a new one by the UN Centre for Trade Facilitation and Electronic Business (UN/CEFACT) last
The World Trade Organization (WTO) estimates that the implementation of the Trade Facilitation Agreement (TFA) will reduce trade cost by 13-14 percent in developed and developing countries around the world. The UN Centre for Trade Facilitation and Electronic Business (UN/CEFACT), serviced by
The port of Aqaba, Jordan’s only sea port, was reformed in 2004 through a public-private partnership (PPP), which helped to reduce average port stays from 8 days to a few hours. Port productivity has more than tripled and the cost to export per 20-foot container dropped from USD 720 in 2004 to
Today, the WTO Trade Facilitation Agreement (TFA) has formally entered into force. This will cut total trade costs for about 14% on average, and will result in massive savings of over 1 trillion USD annual to economies, the majority of which will accrue to developing economies. “The first
World fish stocks are being depleted by overfishing and illegal, unreported and unregulated fishing. This threatens not only the fish, but also the coastal communities that rely on fisheries for economic survival and a dependable food source. The importance of protecting this resource is
National Trade Facilitation Bodies are national-level platforms which can act as the main coordinating body for Trade Facilitation reforms and can facilitate effective consultation among the public and private sector stakeholders. In recent years, a multiplicity of bodies promoting Trade
International recommendations, standards and tools have a crucial role to play in the effective implementation of the World Trade Organization’s (WTO) Trade Facilitation Agreement (TFA). This was the key message agreed by international experts at an event organized by UNECE jointly with the
Harmonizing processes and data for use across the different modes of transport in international trade would help goods move faster and cheaper. Global experts from the trade and transport sectors converged in Marseille this week to streamline related supply chain processes under the United
The international trade in persimmon, also known as kaki fruit, will be enhanced with the adoption today by UNECE of the first international quality standard for this fruit.Primarily grown in Asia - with China, Republic of Korea, Japan and Azerbaijan accounting for 95% of the 4.6 million tons
A new UN report shows that just over half of the ambitious measures for cutting red tape for global trade have been implemented and the disparity in progress between developed and developing economies still exists. UNECE together with the other United Nations Regional Commissions (UNRCs) launched
As a core part of its new national sustainable development strategy, Kyrgyzstan will use UNECE recommendations as the basis for removing regulatory and procedural barriers to trade. The Government expects that these, summarized in the study “Regulatory and Procedural Barriers to Trade in
Afghanistan, Kazakhstan and Tajikistan are landlocked countries a long distance from the closest seaports, which creates special challenges for their participation in international trade. As a result, trade facilitation and the elimination of unnecessary procedural and regulatory barriers to
The United Nations Economic Commission for Europe (UNECE) and the International Air Transport Association (IATA) today signed a Memorandum of Understanding (MoU) to strengthen their support to developing countries seeking to implement the World Trade Organization (WTO) Trade Facilitation
Private Sector representatives at the Global Facilitation Partnership meeting in Geneva last week stressed their willingness to support international organizations in assisting countries implement the recently concluded World Trade Organizations Trade Facilitation Agreement.  Speaking on
With more than 100,000 entries and a community of users from 249 countries, dependent territories and special areas, the United Nations Code for Trade and Transport Locations (UN/LOCODE) is a public good that helps reduce the cost of international trade. UN/LOCODE is used to identify ports,
Three key UN agencies signed a Memorandum of Understanding (MoU) on 22 April 2015 to strengthen their support for developing countries as they implement the World Trade Organization's Trade Facilitation Agreement (WTO TFA).   Under the terms of the MoU, UNCTAD, the International Trade Centre
Tajikistan will use UNECE recommendations for removing regulatory and procedural barriers to trade as a core part of its new development strategy. This strategy, which is currently being finalized by the government, will set out medium and long-term socio-economic development goals,   for
A new UNECE Recommendation (No. 40) on consultation approaches in trade facilitation matters was approved on 16 February by the  UN/CEFACT Plenary at its 21th session. Consultations will help governments and organizations prioritize agendas and communicate results which will build
On 12 December, the Ukrainian Interagency Working Group on trade facilitation met and decided to: carry out a survey on the readiness of Ukraine to implement the WTO Trade Facilitation Agreement; consolidate the national trade facilitation body of Ukraine; and develop a national trade facilitation
To implement Trade Facilitation and Paperless Trade, it is important for countries to be able to periodically measure progress and exchange experiences on respective practices. Having agreed on this need, the five UN Regional Commissions, namely, United Nations Regional Commissions (UNRC)
Members of the Organization of Black Sea Economic Cooperation (BSEC), including  Armenia, Azerbaijan, Bulgaria, Greece, the Russian Federation, Turkey and Ukraine, have decided to develop a regional trade facilitation strategy, modelled on proposals made by UNECE, Turkey, Greece and Ukraine
On 30 September 2014 UNECE will adopt the first international quality standard for processed poultry meat. This new standard reflects the growing international trade in ready-to-eat products (RTE) and ready-to-cook preparations (RTC) of all types of poultry meat (chicken, turkey, duck and goose
A three-day workshop for participants from Afghanistan, Kyrgyzstan and Tajikistan on simplifying and harmonizing procedures for international trade concluded at the OSCE Border Management Staff College in Dushanbe on 23 July. Its objective was to reduce trade costs, and boost commercial flows to