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Expert Analysis

What Trade Facilitation Is And Why It Matters

Law360, New York ( June 10, 2014, 12:20 PM EDT) -- It was big news, at least in international trade circles. The World Trade Organization finalized a trade facilitation agreement at the ministerial conference in Bali, Indonesia, on Dec. 7, 2013. The agreement was the first WTO trade agreement concluded since 1998 and the first fully multilateral trade agreement negotiated under the auspices of the WTO. Importantly, finalization of the agreement showed that the WTO Doha Development Round launched in 2001 could actually produce results....

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