The proliferation of trade agreements, increasing trade volumes, and the growing complexity of trade has led to increasing inefficiencies and corruption in customs and transportation procedures and infrastructure. Such non-tariff barriers can result in costs ranging from two percent to 15 percent of the value of traded goods, often exacerbating or even overshadowing the effects of tariffs and other formal trade barriers. A WTO agreement on trade facilitation - simplifying trade by eliminating or streamlining customs and transportation procedures - could therefore yield significant benefits for developing countries. What kinds of best practices, improvements, and technologies will be the most valuable for developing countries? What is the role of the WTO in facilitating such reforms?

Friday, September 9, 2005
10:00-11:30 a.m.

6th floor Boardroom
Woodrow Wilson Center, Ronald Reagan Building:
One Woodrow Wilson Plaza, 1300 Pennsylvania Avenue, NW
"Federal Triangle" stop on Blue/Orange Line.
*A photo ID is required for entry.