Economics, Econometrics and Finance
4 years ago

Regional trade agreements key to effective trade facilitation reform.

World Bank policy research working paper
Regionalism And Trade Facilitation : A Primer
Jean–Christophe Maur

Paper Summary

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Trade facilitation reform is important at the regional level because national markets alone cannot fully benefit from it. Regional trade agreements are effective in delivering comprehensive reform and can complement national and global efforts. Customs unions, in particular, show promise in enhancing trade facilitation.