WTO Trade Facilitation Agreement — New Opportunities for Ukraine
Dr. Viktor V. Dovhan
In December 2013 WTO members concluded negotiations on a Trade Facilitation Agreement (hereinafter — TFA) at the Bali Ministerial Conference, as part of the wider “Bali Package”. Since then, WTO members have undertaken a legal review of the text. In line with the decision adopted in Bali, WTO members adopted a Protocol of Amendment on 27 November 2014 to insert the new Agreement into Annex 1A of the WTO Agreement. The TFA will come into force once two-thirds of WTO members have completed their domestic ratification process1...
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