The World Trade Organization Trade Facilitation Agreement: Legal Consequences and Impact on the Union Customs Code
Tom Cachet
Abstract
Tom Cachet
Abstract
Intensive rounds of negotiations during the 9th Ministerial Conference of the World Trade Organization (WTO) in 2013 led to the Bali Agreements on Trade Facilitation and Least Developed Countries. This article focusses on the legal impact of the WTO Trade Facilitation Agreement (TFA) and compares the most important obligations in the agreement to the European Union’s existing customs legal framework to deduct whether it is in line with the new WTO provisions.
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Intensive rounds of negotiations during the 9th Ministerial Conference of the World Trade Organization (WTO) in 2013 led to the Bali Agreements on Trade Facilitation and Least Developed Countries. This article focusses on the legal impact of the WTO Trade Facilitation Agreement (TFA) and compares the most important obligations in the agreement to the European Union’s existing customs legal framework to deduct whether it is in line with the new WTO provisions.
Key concepts: Trade facilitation, International trade, Negotiation, Business, International economics, European union, World trade, Facilitation