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Trade Facilitation in the Multilateral Trading System - Genesis, Course and Accord (Paperback)
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Trade Facilitation in the Multilateral Trading System - Genesis, Course and Accord (Paperback)
Series: Routledge Research in International Economic Law
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Negotiations on trade facilitation were concluded at the WTO 9th
Ministerial Conference in 2013, and the Agreements on Trade
Facilitation (TFA), therefore, became the first fully multilateral
agreement in WTO history. Since then, trade facilitation has been
in the limelight on the stage of the world trading system. During
recent years, the TFA has been consistently on the agenda of the
summits of G20, G7, and APEC. The Agreement has come into force and
shall be implemented on a global scale. As a result, the WTO
members shall be prepared to translate the Agreement into their
domestic legislation, which will involve a series of reforms in
trade laws and policies. There are extensive voices demanding a
comprehensive expatiation on trade facilitation and the TFA. It is
essential to systematically delve into the genesis of trade
facilitation, revisit the course where the TFA came into being, and
analyse the well-turned legalese of the TFA. This book meets this
demand. This book is path-breaking in these aspects: it expounds on
the rationales for trade facilitation and the significance of
constituting an international accord on trade facilitation; it
restores the one-century track of the international community's
talks on trade facilitation, from the times of the League of
Nations to the WTO era; it reveals how the WTO negotiating
mechanisms enabled the TFA to be nailed down, which would be
enlightening for trade diplomats engaged in other WTO negotiations;
and it provides an in-depth commentary on the TFA articles, which
will help stakeholders more accurately understand and implement the
Agreement. This book will be especially valuable for government
officials and policy-makers, trade practitioners, lawyers,
advisers, and scholars interested in international economic law,
WTO law, international trade, international relations, and
international development studies.
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