The National Trade Facilitation Committees (NTFCs) of the United Nations Conference on Trade and Development (UNCTAD), has conclude plans to holds a four-day webinar, reports ITREALMS.
The webinar scheduled for February 1 through 4, ITREALMS gathered, would examine how to accelerate the implementation of trade facilitation reforms through these committees during and after the pandemic.
ITREALMS also gathered that trade facilitation entails expediting the clearance of goods to reduce the time and cost of import, export and transit procedures to ensure the free flow of goods across borders.
The UNCTAD Secretary-General Rebeca Grynspan said, “COVID-19 has been a stark reminder that the pains caused by trade disruptions are real. These pains were already daily realities for people in vulnerable nations, who rely on trade for essential goods.”
Equally, she said, “Making it easier and less costly to move goods across seas and borders is critical to ensuring a sustainable and inclusive recovery. Because trade is about people and about improving their lives.”
The forum offers an opportunity to members of NTFCs, policymakers and other relevant stakeholders to discuss the latest trends in the implementation of trade facilitation reforms and share insights on good practices.
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