AMERICAS: TIACA backs WTO’s trade facilitation call

A call by the director general of the World Trade Organisation (WTO) to include trade facilitation in a new package of multilateral trade negotiations has won the backing of The International Air Cargo Association (TIACA) which says the move would not only benefit the air cargo industry but also the world economy.


Americas facilitation TIACA WTO


A call by the director general of the World Trade Organisation (WTO) to include trade facilitation in a new package of multilateral trade negotiations has won the backing of The International Air Cargo Association (TIACA) which says the move would not only benefit the air cargo industry but also the world economy.

WTO director general Pascal Lamy recently detailed an ‘LDC (least developed countries) Plus’ package that could include trade facilitation as well as certain other measures as part of the package of agreements that negotiators are seeking to conclude in time for a Ministerial Conference this December.

TIACA says that it strongly supports inclusion of trade facilitation, saying efficient customs procedures are critical for international airfreight shipments. TIACA has long supported such procedures as they are essential for the air cargo sector to capitalise on its inherent advantage of speed. It also added that trade facilitation can promote economic growth because of the fact aviation is a key facilitator of international trade, allowing small and medium-sized businesses to compete internationally.

Trade facilitation is also important to developing countries, since inefficient trade procedures lose revenue for governments as well as for importers and exporters. The negative impact of inefficient trade procedures further manifests itself by impeding competition and undermining investment in developing economies, and by limiting the efficiencies of domestic producers.