Concluded at the WTO rsquo s 2013 Bali Ministerial Conference the Trade Facilitation Agreement TFA i...........

International Affairs Countries and Continents

Concluded at the WTO’s 2013 Bali Ministerial Conference, the Trade Facilitation Agreement (TFA) is a major achievement of Doha Development Agenda.

Which of the following statements are correct in context of TFA?

1. TFA contains provisions for expediting the movement, release and clearance of goods, including goods in transit.

2. TFA contains provisions for technical assistance and capacity building in this area.

3. Niger has become the first LDC to sign TFA

4. Singapore Ministerial Declaration talked of simplification of trade procedures in order to assess the scope for WTO rules in this area

Select the correct answer from the codes given below:

Only 1 and 2

Only 2 and 3

1, 2 and 3

1, 2, 3, and 4

All the statements are correct.

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