Saint Kitts and Nevis has ratified the WTO’s Trade Facilitation Agreement (TFA), becoming the fifth Caribbean WTO member to do so. St. Kitts and Nevis deposited its instruments of acceptance with the WTO secretariat on 17 June.
On 8 June the WTO hosted an experience-sharing event to help members identify best practices and the challenges faced by WTO members in establishing or maintaining national trade facilitation committees.
The TFA will enter into force once two-thirds of the WTO membership has formally accepted the Agreement. With the acceptance by St. Kitts and Nevis, the number of TFA ratifications now stands at 82, meaning the WTO has received just over three-quarters of the ratifications needed to bring the Agreement into force. Read More