Mongolia and Dominica ratifies trade facilitation agreement

Odonchimeg 2016-12-05 11:12

Politics

Dominica and Mongolia have ratified the Trade Facilitation Agreement (TFA), putting the total number of ratification from members at 100.

Mongolia and Dominica are to ratify the trade facilitation agreement and final countdown launched. Dominica and Mongolia have ratified the Trade Facilitation Agreement (TFA), putting the total number of ratifications from members at 100. With just 10 more ratification from members needed to bring the TFA into force, the final countdown begins for realizing a global deal that could boost global merchandise exports by up to $1 trillion per annum by slashing trade costs and cutting red tape at the border.