Intel applauds progress on WTO Trade Facilitation Agreement:
The agreement announced yesterday between the United States and India represents important progress toward removing the stalemate on implementation of a robust WTO Trade Facilitation Agreement (TFA). Such an agreement would benefit global supply chains via binding WTO commitments in numerous areas, whether eliminating border-related red tape and unnecessary formalities at the border, establishing transparency and consistency in the application of customs rules, or expediting cargo release times. Spanning 159(+) countries, the TFA would elevate trade facilitation as a policy priority on a worldwide basis, creating scale economies that could yield massive trade and economic efficiencies. We applaud the efforts of USTR and WTO members in moving this agreement forward, and urge that it be implemented as swiftly as possible.
This follows the breakthrough bilateral agreement between the United States and China to expand product coverage of the Information Technology Agreement (ITA) earlier this week. This tremendous work helps build a stronger global economy, while encouraging innovation and job growth in America.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
Global Government and Manufacturing Communications for Intel
Community support is provided during standard business hours (Monday to Friday 7AM - 5PM PST). Other contact methods are available here.
Intel does not verify all solutions, including but not limited to any file transfers that may appear in this community. Accordingly, Intel disclaims all express and implied warranties, including without limitation, the implied warranties of merchantability, fitness for a particular purpose, and non-infringement, as well as any warranty arising from course of performance, course of dealing, or usage in trade.