The SASEC Trade Facilitation and Transport Working Group (TFTWG) Meeting was convened to review progress and discuss future directions of the SASEC transport and trade facilitation sectors. Criteria were identified for future SASEC connectivity projects, and support voiced for the SASEC Trade Facilitation Strategic Framework.
The five-day Ninth WTO Ministerial Conference agreed on the Bali Package, comprising a selection of issues from the Doha Round negotiations, and adopted five other decisions. Estimates indicate that the Bali Package could increase global GDP by US$1 trillion through improvement in trade facilitation, agricultural issues, and market access for least developed countries. Read More
The workshop introduced the trade and transport facilitation performance monitoring (TTFPM) system to the SASEC countries and further developed system components to monitor progress and effectiveness of transport and trade facilitation in the region.Read More