Ask The Expert: Why is the WTO Trade Facilitation Agreement a Big Deal?

Dec 27, 2013

It’s not every day that 159 countries can come together and agree on anything. But that’s exactly what happened at the World Trade Organization in early December, as the member governments agreed on a trade facilitation agreement—a package of reforms on how goods will enter their markets. It’s an agreement that “is cost cutting, competition-enhancing, anti-corruption, good-government kind of a program,” says John Murphy, vice president of International Affairs at the U.S. Chamber of Commerce.

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