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1 similar Wto Trade Facilitation Agreement contracts
THE WTO TRADE FACILITATION AGREEMENT, ANTI CORRUPTION AND CUSTOMS: A NEW TYPE OF ANTI CORRUPTION INSTRUMENTWto Trade Facilitation Agreement • December 19th, 2017
The WTO Trade Facilitation Agreement, which entered into force in February 2017, is the first multilateral agreement to be concluded by the World Trade Organization. The Agreement focuses on the simplification, harmonization and standardization of procedures and formalities regarding the flow of international trade, in particular customs procedures as well as on issues relating to transparency and predictability. The objective of this thesis is to explore the anti-corruption potentials of the Agreement and to show that it is not only a trade agreement but also a new type of anti-corruption instrument. The fact that the Trade Facilitation Agreement is focussed on technical measures to do with cross border trade and at the same time prioritizes transparency and predictability uniquely positions it as a practical instrument capable of curbing bribery and corruption in cross border trade. In order to realize the anti-corruption potential of the Agreement its implementation must be based on
