Global Alliance for Trade Facilitation streamlines international trade
By the end of 2022, Alliance initiatives had achieved an initial 10-times return on investment, saving US$ 60 million in seven project countries.
The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
By the end of 2022, Alliance initiatives had achieved an initial 10-times return on investment, saving US$ 60 million in seven project countries.
Representatives from 113 economies have finalized a new agreement on sustainable Investment Facilitation for Development at the World Trade Organization.