{"id":144487,"date":"2021-10-30T16:50:14","date_gmt":"2021-10-30T11:20:14","guid":{"rendered":"https:\/\/blog.forumias.com\/?page_id=144487"},"modified":"2021-11-01T16:53:03","modified_gmt":"2021-11-01T11:23:03","slug":"trade-facilitation-agreement","status":"publish","type":"page","link":"https:\/\/forumias.com\/blog\/trade-facilitation-agreement\/","title":{"rendered":"Trade Facilitation Agreement"},"content":{"rendered":"<p>The Trade Facilitation Agreement aims to simplify customs regulations for the cross-border movement of goods. It was the outcome of WTO\u2019s 9th Bali (Indonesia) ministerial package of 2013.<\/p>\n<p>G20 grouping played a critical role in the ratification of the Trade Facilitation Agreement.<\/p>\n<p>The agreement includes provisions for lowering import tariffs and agricultural subsidies, Reduction in red tape at international borders, abolish hard import quotas.<\/p>\n<p>According to the WTO estimate, it could contribute up to somewhere between 5.4 and 8.7% to global GDP by 2030 if the agreement were fully implemented.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trade Facilitation Agreement aims to simplify customs regulations for the cross-border movement of goods. It was the outcome of WTO\u2019s 9th Bali (Indonesia) ministerial package of 2013. G20 grouping played a critical role in the ratification of the Trade Facilitation Agreement. The agreement includes provisions for lowering import tariffs and agricultural subsidies, Reduction in&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/trade-facilitation-agreement\/\">Continue reading <span class=\"screen-reader-text\">Trade Facilitation Agreement<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-144487","page","type-page","status-publish","hentry","entry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/144487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=144487"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/144487\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=144487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}