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Cabinet approves Trade Facilitation Agreement (TFA)

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....abinet approves Trade Facilitation Agreement (TFA) <br>News and Press Release<br>Dated:- 17-2-2016<br><BR>The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Proposal f....

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....or Notification of Commitments under the Trade Facilitation Agreement (TFA) of World Trade Organization (WTO), ratification and acceptance of the Instrument of Acceptance of Protocol of TFA to the WTO....

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.... Secretariat and constitution of the National Committee on Trade Facilitation (NCTF). The Trade Facilitation Agreement contains provisions for expediting the movement, release and clearance of goods,....

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.... including goods in transit. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and customs compliance issues. These objectives....

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.... are in consonance with India's "Ease of Doing Business" initiative. The Trade Facilitation Agreement shall enter into force for the notified members upon acceptance by two-third WTO Members. To fac....

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....ilitate both domestic coordination and implementation of the provisions of the Agreement, a National Committee on Trade Facilitation would be set up under the Joint Chair of Secretary, Department of R....

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....evenue and Secretary, Department of Commerce.<BR> News - Press release - PIB....