Trade Facilitation
/ˈtreɪd fəˌsɪlɪˈteɪʃən/
Definitions
- (n.) Procedures, policies, and measures designed to simplify and expedite the movement, clearance, and release of goods across borders.
The World Trade Organization promotes trade facilitation to reduce customs delays and costs.
Forms
- trade facilitation
Related terms
See also
Commentary
Trade facilitation focuses on regulatory and procedural aspects to enhance cross-border trade efficiency, often emphasizing harmonization and transparency.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.