4.2 Each Member shall design and apply risk management in such a way as to avoid arbitrary or unjustified discrimination or disguised restriction on international trade. Section II of the Agreement contains innovative provisions on special and differential treatment linking implementation by developing and least developed countries to the acquisition of the capacity to implement the Agreement for the first time in the history of the WTO (see box). The second anniversary of the agreement is an excellent time to review the level of ratification, implementation communications and transparency obligations of the TFA. Technical assistance for trade facilitation is provided by the WTO, WTO Members and other intergovernmental organizations, including the World Bank, the World Customs Organization and the United Nations Conference on Trade and Development (UNCTAD). In July 2014, the WTO announced the creation of the Trade Facilitation Facility, which assists developing and least-developed countries in implementing the Trade Facilitation Agreement. The Facility was operational with the adoption of the Trade Facilitation Protocol on 27 November 2014. As a result of this reality check, developing and least developed countries wishing to take full advantage of the Agreement could take into account the following recommendations: (ii) For members of least developed countries, the Enhanced Integrated Framework for Trade-Related Assistance to Least Developed Countries should be part of this coordination process; and (c) the Member immediately terminates or suspends the notice or direction if the circumstances that led to it no longer exist or if the modified circumstances can be treated in a less restrictive manner; and the TFA aims to expedite trade procedures, including the movement, release and clearance of goods. Its full implementation could boost global trade by $1 trillion a year and reduce trade costs by 14.3 per cent for low-income countries and more than 13 per cent for middle-income countries. The Global Alliance for Trade Facilitation has published this simple guide to the Trade Facilitation Agreement (TFA). The guide provides an overview of the most important provisions of the TFA and what they mean for the economy. (c) the least trade-restrictive measure where two or more alternative measures are reasonably available to achieve the policy objective(s) concerned; and estimates show that developing and least developed countries (DDCs), mainly African countries, could experience the largest reductions in trade costs. It should be noted that the Lao People`s Democratic Republic and Malawi are the only NPCs to have reported on the operation of their single window systems (where traders submit regulatory documents in one place). 1.5 The Committee maintains close contacts with other international organisations in the field of trade facilitation, such as the WCO, with a view to obtaining the best possible advice for the implementation and management of this Agreement and avoiding unnecessary duplication.
To this end, the Committee may invite representatives of such organizations or their subsidiary bodies: 1.1 Each Member, to the extent possible and in a manner consistent with its national law and legal order, shall give entrepreneurs and other interested parties the opportunity and a reasonable period of time to take a position on the proposed introduction or amendment of laws and other laws of general application relating to the free movement of persons. take; Release and clearance of goods, including goods in transit. .