Trade facilitation

Trade Facilitation in Regional Trade Agreements

With the emergence of regional trading blocs, regional trading agreements and the coexistence of the multilateral and bilateral trading mechanisms among the countries, it is imperative to study the harmonization of international trade procedures. Thus, research on how the trade facilitation agreement of WTO can be incorporated at regional and bilateral levels becomes imperative. The study thus entails: (a)identifying steps towards trade facilitation in various trade and economic groupings like the ASEAN (b) exploring how India can learn and incorporate international best practices of trade facilitation and (c) assessing the feasibility or otherwise of harmonization of international trade procedures, among others.