Suchergebnisse

The issue of trade facilitation has been increasingly highlighted among business and trading communities as they would like to reduce the costs of international transactions of goods and services. Trade facilitation is a broad term: there are a number of international agreements relating to trade facilitation, and a number of international organizations involved in this area. Recognizing the importance of trade facilitation and after several years of exploratory work on government trade facilitation measures, members of the World Trade Organization (WTO) agreed, in July 2004, to include trade facilitation in the multilateral trade negotiations of the Doha Development Agenda (DDA). This paper examines the issue of trade facilitation in a wider context, covering various articles in the General Agreement on Tariffs and Trade and WTO instruments, the World Customs Organization and other international conventions, and the state of play of DDA negotiations. Based on these discussions, conclusions are drawn and recommendations made as to structure, modality, and substance of an agreement on trade facilitation.

Measures to actively facilitate trade are increasingly seen as essential to assist developing countries in expanding trade and benefiting from globalisation. Although often viewed as narrowly concerned with the ease and speed of Customs procedures, even greater trade cost reductions and trade and welfare benefits may be reaped from a broader view of trade facilitation (TF) that incorporates transportation, distribution and communication issues. A number of TF reforms are particularly beneficial: improving procedures, especially Customs clearance; introducing automation and use of information technology; reducing excessive documentation requirements; addressing lack of transparency in import and export requirements; addressing lack of modernisation of and cooperation between Customs and other government agencies. The review identifies the types of TF reforms that could address these problems and deliver a return in terms of increased revenue collection efficiency, reductions in trade costs and promotion of greater regional cooperation (at least in Customs and transport, especially as many TF measures are appropriate for inclusion in regional integration agreements).

With falling tariff levels, it is probably not surprising that the non-tariff area and trade facilitation, in particular, are receiving growing attention. Apart from the World Trade Organization (WTO), trade facilitation is a subject of substance within a wide range of international organizations including several United Nations (UN)-type bodies, the World Customs Organization (WCO) as well as those concerned with economic development, supply chain security, and sector-specific issues such as international transport and logistics. The resulting body of international trade facilitation instruments and initiatives, which include conventions as well as detailed technical recommendations, is extensive. This article provides a general review of key elements and topics that are associated with trade facilitation and sets them against underlying challenges and obstacles in practice as well as for research. While much of the current effort in trade facilitation begins with a top-down premise – whereby governments seek to implement international conventions and recommendations nationally – the author argues that trade facilitation is inherently an operations-focused topic and deserves to be approached from a bottom-up approach, too. Such approach not only provides a strong case for an interdisciplinary research agenda, it also brings into question whether current institutions concerned with trade facilitation have the necessary capabilities to apply themselves to the more operational aspects associated with international trade.

From 15 May to 2 June 2000 COWI conducted a mission to the three Caucasian republics of Azerbaijan, Georgia and Armenia, spending about one week in each country. The mission established an initial overview of trade facilitation issues and conducted an outline Trade Facilitation Audit for the region. The purpose of the mission was to prepare for possible progress towards the re-opening of borders in the region, in the event that a peace agreement is reached in Nagorno-Karabakh. This chapter commences by summarizing some of the most interesting facts, relating to the movement of a generic consignment in the Caucasus region, which emerged from the discussions with stakeholders during the mission. Section 1.2 addresses what can be considered the key issue of the study; namely, whether, in the event of peace, the region would realize the maximum potential benefit, given the current institutional and operational context. A subsidiary issue is whether all the constituent countries in the region would benefit, or whether some would suffer some initial dis-benefits. The final section of this chapter provides a summary of the key regional and national recommendations, which have been identified to try and ensure that the potential benefits of any settlement are not dissipated in the current institutional and operational mire. A more detailed breakdown of the provisional recommendations, by component and sub-component, together with an estimate of the required inputs, is provided in Appendix B.

The literature on trade facilitation has mostly focused on implications for trade volumes. However, recent theoretical contributions have emphasized that trade costs - such as transaction costs related to cross-border trade procedures - affect both the traded volumes of "old" goods (the intensive margin) and the range of traded goods (the extensive margin). This paper therefore tests whether trade facilitation affects the extensive margin by counting the number of 8-digit products that are exported from developing to EU countries, and using this as the dependent variable in an estimation. Moreover, it also tests whether the extensive margins in differentiated and homogeneous goods are affected in the same way by transaction costs. Estimation results suggest that if export transaction costs - proxied by the number of days needed to export a good - declined by 1 per cent, the number of exported differentiated and homogeneous products would rise by 0.7 and 0.4 per cent respectively. Policy simulations further illustrate that if all countries were as efficient at the border as the most efficient country at the same level of development, the number of exported differentiated and homogeneous products would increase by 64 and 29 per cent respectively.

Trade facilitation is one of the key engines of growth in an economy. Improving the quality and reliability of the trade facilitation infrastructure and services is a major building block for reducing transaction costs, attracting domestic and foreign investment, and expanding access to economic opportunities. The Government of Congo, Rep. recognizesthat more needs to be done to address existing constraints to intra-regional trade. Indeed, efficient trade facilitation is central to achieving the objectives of Congo's Vision 2025, whose overarching goal is to transform the country from a lower middle income economy to an upper middle income export-oriented economy. Attaining the country's vision will require the addressing of at least three key constraints. Firstly, low investment in the development and maintenance ofthe country's physical infrastructure; secondly, an insufficient and ineffective capacity to deliver therequired transport and port services; and thirdly, a lack of international competitiveness and export diversification. Addressing these constraints will catalyze the development of modern transport infrastructureand services, contributing to a reduction in the cost of doing business and thus increasing the country'scompetitiveness.Several policies and other interventions have been implemented by the Government to address the country's trade facilitation challenges. Some of these interventions prioritize improving the quality and reliability of transport and port infrastructure and service, whichis critical for reducing transaction costs and attracting investments, contributing to the broader goals of inclusive growth by connecting rural communities toeconomic activities. This report aims to complement these efforts by making two key contributions. Firstly, it identifies thecore trade facilitation bottlenecks facing the country,and explores options for mitigating these challenges. Secondly, it presents an action plan covering both theexpansion of physical infrastructure and the developmentof transport sector structure, regulation, and institutional capacity; distinguishing between the short-and longer-term measures. The action plan is expected to strengthen the strategy for sustainable economic development and for informing dialogue on required reform measures. The report's recommendations are also expected to support more inclusive growth, and also ensure that said inclusive growth is sustainable. It is hoped that the report's findings will be used to inform the designand implementation of the measures required to promote trade facilitation.