What does “trade facilitation” really mean?

Standardization and harmonization are essential aspects of trade facilitation

Eduardo Leite LLB, LLM
Eduardo Leite LLB, LLM
Lawyer, Professor, Aduaneiras - Cursos e Treinamentos, Brazil
Published 02 Jul 2023
What does “trade facilitation” really mean?

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With the increase in globalization and economic interdependence between countries, trade facilitation has become a critically important issue for the global economy. Consequently, trade facilitation has been addressed in all its possible meanings, in all fields and scopes, and by all institutions that are somehow linked to international trade, composing a true Tradeweb of players with specific roles and common objectives.