The challenges of implementing the Trade Facilitation Agreement

This section of the report looks at the various challenges involved in ratifying and implementing the Trade Facilitation Agreement (TFA), particularly for developing and least-developed countries (LDCs). It first assesses the implementation needs of developing countries, then goes on to evaluate the costs associated with implementing the measures covered by the TFA. It proceeds to explain the role of the Trade Facilitation Agreement Facility in meeting the challenges of implementation and to review the key success factors identified in previous trade facilitation reforms. Finally, it underlines the importance of monitoring implementation of the TFA and its economic impacts.