Facilitating international trade

Description

Facilitating international trade involves implementing practical measures to reduce barriers, streamline customs procedures, harmonize standards, and improve logistics infrastructure. The core intent is to enable smoother cross-border movement of goods and services, remedying issues such as delays, excessive costs, and regulatory inconsistencies. This strategy supports economic growth and development by fostering greater market access, enhancing competitiveness, and encouraging cooperation among trading partners, while addressing inefficiencies that hinder global commerce.