Uganda US Ease Trade Barriers by Dropping Consular Rules

Uganda US Ease Trade Barriers by Dropping Consular Rules

In 2006, Uganda and the United States jointly submitted a proposal to the WTO to eliminate consular authentication requirements related to trade in goods. The proposal explicitly prohibits requiring consular transactions, defines the specific content of such transactions, and emphasizes the importance of technical assistance and capacity building to help developing countries adapt to the trade environment after the elimination of consular authentication. This initiative aims to reduce trade costs, shorten delivery times, and promote trade growth, particularly benefiting small and medium-sized enterprises (SMEs) involved in international trade.

Developed Nations Aid Boosts Trade in Developing Countries

Developed Nations Aid Boosts Trade in Developing Countries

The ACP Group's proposal calls for strengthening the Special and Differential Treatment (SDT) provisions within the WTO's Trade Facilitation Agreement. It links trade facilitation commitments by developing countries to development assistance from developed nations, aiming to ensure targeted and transparent aid. This seeks to promote fair, inclusive, and sustainable global trade, helping developing countries enhance their competitiveness. Challenges include aid effectiveness, the risk of misuse, and the need for robust monitoring mechanisms. The proposal ultimately aims to level the playing field in global trade and foster development through targeted support.

EU and Taiwan Advocate Ending Preshipment Inspections to Ease Trade

EU and Taiwan Advocate Ending Preshipment Inspections to Ease Trade

The EU and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu submitted a proposal to the WTO advocating for the phased elimination of pre-shipment inspection (PSI) by all members to facilitate trade. The proposal outlines differentiated timelines for members based on their development levels, emphasizing transitional arrangements and technical assistance. Eliminating PSI is expected to reduce trade costs and improve efficiency. However, it also highlights the importance of customs capacity building and risk management to ensure smooth trade flows and prevent potential abuses after PSI removal.