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  • Trade facilitation is often defined as "the simplification and harmonization of international trade procedures" with trade procedures being the "activities, practices and formalities involved in collecting, presenting, communicating and processing data required for the movement of goods in international trade". This definition relates to a wide range of activities such as import and export procedures (e.g. customs or licensing procedures); transport formalities; and payments, insurance, and other financial requirements. Work in the area has been carried out by organizations such as UNCTAD, UN ECE or the WCO for several decades. (en)
http://art.uniroma...ocbench#hasSource
  • WTO, 2005
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