Communication by the UNCTAD Secretariat
- UNCTAD Secretariat
- 2004/11/01
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World Trade
Organization RESTRICTED G/C/W/148
8 April 1999 (99-1401) Council for Trade in Goods Original: English
trade facilitation
Communication by the UNCTAD Secretariat
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Introduction
1. International trade of a country is a key element of its national economy. It requires simple trade formalities, procedures and operations, co-operative customs administration's attitude, and efficient transport operations necessary in today’s modern door-to-door logistics chains.
2. Trade facilitation covers any possible measure that would lead to a reduction in the various costs that are included in the sales price of consumer goods. In addition to the costs of raw materials, components and labour incorporated in export products, there are hidden costs related to the regularity and strict conformity with the delivery plan requested by the buyer such as: costs of time lost in getting the necessary authorizations, of delays in deliveries (which