United Nations ESCAP Additional contact information United Nations ESCAP: United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)
Abstract:
During the past two decades import tariffs have decreased significantly and the importance of non-tariff measures aimed at further reducing international transaction costs, i.e., trade facilitation, has become more apparent. Even if international shipping and other non-tariff costs are excluded, costs associated with completing documentary and other import and export procedures for international trade can account for up to 15% of the value of traded goods.