Digital and Sustainable Trade Facilitation Implementation in the UNECE Region
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A01=United Nations Economic Commission for Europe
Author_United Nations Economic Commission for Europe
Category=KCL
Category=KCLT
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_nobargain
eq_non-fiction
Product details
- ISBN 9789211172362
- Weight: 133g
- Dimensions: 210 x 297mm
- Publication Date: 30 Jun 2020
- Publisher: United Nations
- Publication City/Country: US
- Product Form: Paperback
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The United Nations Regional Commissions, in partnership with other key United Nations Organizations, have committed to supporting member States in implementing the WTO TFA. This report is part of that commitment and the policy recommendations and technical standards developed by UNECE and UN/CEFACT are key implementation tools not only for the UNECE region, but also for other regions across the world. Facilitating trade and reducing trade barriers is of central importance to the economies of the United Nations Economic Commission for Europe (UNECE) as it enables them to better connect and gain from regional and global value chains and to fully harness the potential of trade as an engine for growth and sustainable development. Yet, both in the UNECE region and globally, trade barriers remain high. According to the latest data from the ESCAP-World Bank International Trade Cost Database, the overall cost of trading goods among the three largest European Union (EU) economies remains at a 42% average tariff on the value of traded goods while it reaches a peak of 169% for trading with South-Eastern Europe. Similarly, the cost of trading among Central Asian countries averages 75%, while it reaches 153% with the three largest EU countries.
