Trade Facilitation Agreement (TFA)

The Trade Facilitation Agreement (TFA) is an international treaty established by the World Trade Organization (WTO) to simplify and streamline customs procedures around the world. Its goal is to make cross-border trade easier and faster by reducing bureaucratic delays and increasing transparency. By implementing better practices, countries can lower costs for businesses and consumers, boost economic growth, and improve the efficiency of global supply chains. The TFA also provides support to developing countries in upgrading their trade processes and infrastructure.