Article: Bangkok Post, Thailand, Leading The Way Column.

By John Grice, Bangkok Post, Thailand Knight Ridder/Tribune Business News

Aug. 5--Trade facilitation is one of the main economic co-operation activities identified by the members of World Trade Organisation (WTO). Its aim is to benefit business by allowing the cross-border movement of goods around the world at a reduced cost, and in so doing to allow for goods to become cheaper for consumers.

While the world in general has been successful in reducing the relevance of trade barriers such as import tariff rates, and introducing standard classification and valuation procedures to assist business, new challenges to trade facilitation continue to ...

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