Trade Facilitation Potential of Asian Transit Agreements in the Context of the WTO Negotiations
Freedom of transit is an issue critical to landlocked developing countries whose lack of direct access to the sea has increased costs and lessened their competitiveness in international trade. To meet challenges arising from transit barriers, member states of the United Nations Economic and Social Commission for Asia and the Pacific recommend transit facilitation as part of an integrated approach to trade facilitation.
This working paper analyzes freedom of transit and transit facilitation in the context of trade and transport agreements in the Asia Pacific region, identifying good practices and weighing in on the extent to which existing agreements meet the provisions on transit facilitation stated in the draft text of the World Trade Organization Agreement on Trade Facilitation.
Author: Louis Cousin and Yann Duval
Tags: Transport Facilitation, Trade Facilitation, WTO, Asia, UNESCAP, Bangladesh, Bhutan, India, Nepal