To ask Her Majesty's Government, following the Commonwealth Heads of Government meeting in April 2018, what plans there are for the World Trade Organization’s Trade Facilitation Agreement to boost intra-Commonwealth trade; what are the expected outcomes of such plans; and when such outcomes are expected to be delivered.
Answered on
28 February 2019
The UK-funded Commonwealth Trade Facilitation Programme is helping member states implement the World Trade Organization Trade Facilitation Agreement (TFA). The two year programme aims to help developing and least developed countries in the Commonwealth adopt faster and more efficient customs procedures that will in turn reduce the cost of doing business and create a more enabling environment for intra-Commonwealth Trade.
While the Commonwealth Trade Facilitation Programme is due to conclude by April 2020, implementation of the TFA will continue for several more years. The Agreement is unique in that it allows developing and least developed countries to set their own timetable for implementing elements of the agreement: developing countries are required to provide definitive dates for implementation by August 2019, and Least Developed Countries by 2022.