WTO Trade Facilitation Agreement (TFA)

HEADLINE: Global trade faced inefficiencies due to inconsistent customs procedures.

Key Obligations

["Publish customs procedures online", "Advance rulings on tariff classification", "Single window for trade documents", "AEO programs for trusted traders", "Expedited release for perishables"]

Penalty Ranges

{"note": "WTO dispute settlement for non-compliant member states"}

Mandatory Deadline: 2017-02-22

Affected HS Codes: ["ALL"]

Issuing Authority: World Trade Organization (WTO)