Wto Trade Facilitation Agreement Single Window

Most of the priorities are In Articles 7 and 10. This indicates that countries intend to implement provisions that promise to improve the highest trade costs, regardless of the complexity of implementation. For example, streamlining procedures – including the introduction of a single window – could reduce trade costs by 2.8%, while automation of procedures could reduce trade costs by 2.4%, according to an OECD study on trade facilitation indicators14. High-level delegates from the international and local trade development community will meet in Accra to review progress in implementing the Ghana National Single Window (GNSW) and examine its key role in implementing the WTO Trade Facilitation Agreement. A temporary admission system allows the importation of goods for a limited period (six months, one year, etc.) for defined purposes (e.g.B. goods exhibited in trade shows; containers of ships ready to be shipped and filled; tools necessary for domestic manufacture; personal effects of the traveller; Foreign vehicles are subject to the obligations of visitors to the country, etc.) excluding the payment of import duties and taxes. Korean Customs estimates that the introduction of its single window in 2010 generated benefits of approximately $18 million, generating some of this year`s total economic benefits, up to $3.47 billion, from the Agency`s efforts to facilitate trade. In Singapore, the unified national trade window, called TradeNet, has brought together more than 35 border management agencies since 1989 and has led to large increases in government productivity. Singapore Customs says that for every dollar gained in an inch, there is 1 cent – a profit margin of 9,900%.

In addition, Section 3 of the agreement contains a recommendation on the creation of a national trade facilitation committee to improve coordination among stakeholders in the implementation of the measures. The real effects of solid and functional window environments have been appreciated by several governments. Increasingly, window environments are seen not only as one of the most important instruments for the implementation of trade facilitation measures, but also as an effective instrument for the overall implementation of national trade policy. Even before the agreement came into force, countries worked on implementing their articles, albeit relatively slowly, given the complexity of some measures. In its paper “Trade Facilitation – State of Implementation,” the OECD assessed the progress of least developed and developing countries.5 The degree of combined implementation for the two groups was 39%, with large differences. Based on this research, the least developed countries produced 26% of the articles, while developing countries implemented 44% (Chart 1).6 Implementation is therefore largely linked to a country`s state of economic development. For example, developing European countries have implemented an average of 60% of the articles, while African countries have implemented 35%.7 The term “one-stop shop” is used to describe a variety of different platforms, systems and environments, and use is not limited to the commercial context. The most commonly accepted definition of a SW is the definition of recommendation 33 of the EEC-UN. It describes the SW as “an opportunity for trade and transport parties to provide standardized information and documents with a one-stop shop to meet all import, export and transit requirements.” “If the information is electronic, individual data elements should only be transmitted once.”