By Barbara Olejnik
Poultry Times Staff
bolejnik@poultrytimes.com
GENEVA — The Trade Facilitation Agreement, the first multilateral trade deal concluded in the 21-year-history of the World Trade Organization, has entered into force.
The TFA entered into force on Feb. 22 after the WTO obtained the needed acceptance from two-thirds of its 164 members for the agreement to take effect.
The agreement, which was agreed to at the WTO Ministerial Conference in Bali, Indonesia, in December 2013, aims to streamline, simplify and standardize customs procedures, thereby helping to cut trade costs around the world.
Estimates have. . .
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