Digitalni repozitorijum
Univerziteta u Beogradu
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Challenges and Expectations of the Trade Facilitation Agreement in Developing Countries in the Post COVID-19 World
Popović Petrović, Ivana
Abstract: Having passed five years from the start of the Trade Facilitation Agreement` implementation, adopted in 2013 under the auspices of the World Trade Organization, numerous challenges have emerged faced by all countries in the world, especially Developing countries. The aim of this paper is to focus on these numerous challenges which need to be analyzed with the purpose of enabling these countries in taking economic benefits in international trade. The implementation of these measures also overlapped in the time period with many trade restrictions provoked by the COVID-19 pandemic, but the need to provide basic foodstuffs and medical supplies, caused even faster implementation of certain TF measures, especially the digitalization of trade. In addition to the challenges related to the institutionalization of National Trade Facilitation Committees, the lack of trade capacity is the main barrier for successful implementation of the TF measures. The trade capacity building, although known as important even during the negotiations before the adoption of the Agreement, was perceived as a great financial, but also organizational challenge. Numerous experiences of Developing countries point individual measures that have already been implemented, the different manners and places where progress was taking place, as well as constraints in the implementation of numerous measures: Single window, Authorized economic operator, Border agency cooperation, Authorized operators, Risk management, Advanced ruling. Although the level of progress of their implementation was observed across all regions and all the income groups and regulatory frameworks were implemented, operational practices have been shown as more challenging issue, in the course of the last five years.
engleski
2022
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