The WTO trade facilitation agreement: background of development and prospects for the Russian Federation
https://doi.org/10.38050/01300105202012
Abstract
This article presents analysis of the creation background of the World Trade Organization (WTO) Trade Facilitation Agreement (TFA). The author identifies the main incentives for the development of trade facilitation measures and their inclusion on the Doha negotiations agenda. We summarized and described the major effects expected from full implementation by the WTO member states and the Russian Federation, in particular, of the Agreement the consideration centered round. We also note that the Agreement has a direct impact on the development of the Eurasian Economic Union (EAEU) law. We argue that at present the greatest potential effect from the implementation of the TFA provisions will be achieved through the application of trade facilitation measures in line with the development of unified approaches in their implementation in the EAEU member states. The main areas of the implementation are: Single Window mechanism, harmonization of control procedures and collaboration of state regulatory bodies, information exchange of state regulatory bodies within the framework of common processes. Some provisions under the Agreement can effectively contribute to the development of national initiatives, for example, the development of transit potential in the Russian Federation.
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Review
For citations:
Nenadyshina T.S. The WTO trade facilitation agreement: background of development and prospects for the Russian Federation. Moscow University Economics Bulletin. 2020;(1):181-196. (In Russ.) https://doi.org/10.38050/01300105202012
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