UNCTAD hopes to launch Global Trade Facilitation index soon
Pull factor expected to trigger a race to simplicity among governments in trade facilitation Bidhu Bhushan Palo | @TheDollarBiz Despite progerss in the last two decades, India stands at 134 and 179 in World Bank's Ease of Doing Business and Starting a Business 2014 rankings respectively out of the total 189 countries monitored. Simplicity is the most difficult thing to secure in this world; it is the last limit of experience and the last effort of genius. This quote by author George Sand (Amantine-Lucile-Aurore Dupin) dates back to the 19th century, but perhaps no one understands this better than the World Trade Organisation (WTO). After the Bali conference in 2013, WTO claimed that the Trade Facilitation Agreement (TFA) agreed in the Bali Package ...
