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Attending the World Economic Forum in Davos, WTO Director-General Roberto Azevêdo welcomed the strong desire shown by ministers and the private sector for new negotiated outcomes to be delivered at the WTO’s Ministerial Conference in Buenos Aires in December this year. Responding to concerns about a potential rise in protectionism, the Director-General urged WTO members to show leadership and...
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Azevêdo welcomes call in Davos for progress at the WTO; urges caution on protectionism

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Just three more to go! Thank you to Nigeria for ratifying the Trade Facilitation Agreement. More: [ Bit.ly Link ]
And now we are down to three! Nigeria has notified the WTO of its ratification of the Trade Facilitation Agreement, making it the 107th of the 110 ratifications needed for the trade-easing agreement to enter into force. More: [ Bit.ly Link ]
Only 4 left! Thank you Mozambique and Saint Vincent & the Grenadines for ratifying the Trade Facilitation Agreement.

More info here: [ Bit.ly Link ]
The countdown to the Trade Facilitation Agreement's entry into force is getting closer after Saint Vincent & the Grenadines submitted its instrument of acceptance today. Only four more ratifications needed from members! More: [ Wto.org Link ]
World Bank Group's newest open data portal, #TCdata360, makes thousands of trade & competitiveness indicators easily accessible. Try it today: [ Worldbank.org Link ]

TCdata360 - Open Trade and Competitiveness Data

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Another ratification! Mozambique submitted its instrument of acceptance of the Trade Facilitation Agreement (TFA) today, leaving just five more ratifications to go for the TFA to enter into force. More: [ Bit.ly Link ]
Thank you Ghana for ratifying the Trade Facilitation Agreement. Only 6 more ratifications left to realize a global deal that could slash trade costs and delays!

More here: [ Bit.ly Link ]
Cheers to a strong start to 2017 with news that Ghana has ratified the Trade Facilitation Agreement (TFA). Only six more ratifications needed for the TFA to enter into force! More: [ Bit.ly Link ]

Ghana ratifies the Trade Facilitation Agreement

wto.org
The full implementation of the Trade Facilitation Agreement is expected to reduce the average time needed to export by almost 2 days.

More info about TFA at: and
General Council Chairperson, Ambassador Harald Neple of Norway, informed WTO members that no further nominations for the position of Director-General had been received by the deadline of 31 December 2016 and that the incumbent Director-General, Roberto Azevêdo, is therefore the only candidate for the role. More: [ Wto.org Link ]
The full implementation of the Trade Facilitation Agreement has been found to potentially lower the average time to import by 47%.

More about TFA at: and
The Trade Facilitation Agreement is critical to reducing trade costs, which still remain high despite the steep decline in transportation fees and the reduction of national trade barriers. It help will help developing countries participate in the global trading system.

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The Trade Facilitation Agreement will be of benefit to all WTO members because the costs of implementing it are likely to be far less than the expected benefits from improving the flow of goods across borders.

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Full implementation of the TFA by least-developed countries (LDCs) has the potential to increase the number of their export destinations per product by nearly 60%.

Read more about TFA at: and