Trends in Trade Facilitation

United Nations Escap
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United Nations Escap: United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Chapter 4 in Asia-Pacific Trade and Investment Report 2012: Recent Trends and Developments, 2012, pp 69-77 from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: Since countries have continued to liberalize trade both unilaterally and as part of the implementation of preferential trade agreements during the past decade, import tariff costs now often account for a very small share of the overall trade costs faced by traders in Asia and the Pacific – typically 5% or less for most countries and products. Countries have therefore increasingly turned their attention to trade facilitation, i.e. the reduction of non-tariff related trade transaction costs, particularly those associated with the generally complex set of regulatory and other procedures involved in completing international trade transactions and moving goods across borders.

Keywords: Trend; Development; Asia; Pacific; Trade Facilitation; Trade trabsaction cost; Tariff; Non-tariff; Across border (search for similar items in EconPapers)
JEL-codes: F1 (search for similar items in EconPapers)
Date: 2012
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