Concluded at the WTO’s 2013 Bali Ministerial Conference, the TFA entered into force on 22 February 2017 following its ratification by two-thirds of the WTO membership. In line with the Agreement, the Trade Facilitation Committee was established in order to provide WTO members a forum to consult on matters related to the operation of the TFA and the advancement of its objectives.
At the inaugural meeting, members elected Ambassador Daniel Blockert (Sweden) as chair of the committee.
“Having the committee now in session marks an important milestone in our longstanding efforts to foster the facilitation of trade around the globe,” Ambassador Blockert said. “We have finally reached the stage where our collective engagement over the past years is bearing fruit. In doing so, we are testimony of what can be achieved – even under challenging circumstances – when working in coalitions of a common cause.”
The chair said there were a few procedural matters to settle before the new committee could undertake its assigned tasks, and that he would be consulting with members before reconvening the committee with the goal of adopting an agreed framework.
The committee will develop procedures for the sharing of relevant information and best practices among members. After four years, the committee will review the operation and implementation of the TFA.
A seminar will be held on 2 June at WTO to commemorate the entry into force of the TFA.
Since its entry into force, six additional WTO members — Dominican Republic, Guatemala, Armenia, Fiji, Costa Rica and Sierra Leone — have submitted their instruments of TFA acceptance to the WTO. This brings up to 118 the number of WTO members that have ratified the Agreement.
Developed countries have committed to immediately implement the Agreement. Developing countries, in comparison, will immediately apply only the TFA provisions they have designated as “Category A” commitments.
For the other provisions of the Agreement, developing countries must indicate when these will be implemented and what capacity building support is needed to help them implement these provisions, known as Category B and C commitments.
Source: TFA Facility