Press Release: WTO: Council approves protocol on trade facilitation

On 1 October 2015, the Council of the European Union adopted a decision approving, on behalf of the EU, the conclusion of a WTO protocol establishing a trade facilitation agreement.

The purpose of the agreement is to simplify and modernise procedures for the movement of goods, including import and export procedures. The aim is to help smaller businesses exploit export opportunities and to facilitate developing countries' participation in international trade.

ESO: Background information: Competitiveness Council, 01 October 2015 http://www.europeansources.info/record/competitiveness-council-1-october-2015/

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