Trade facilitation plays an important role in a country’s economic development as it enhances competitiveness by reducing time and cost to import and export. The Trade Facilitation Support Program (TFSP), a flagship technical assistance program administered by the World Bank Group, supports countries in aligning their trade practices and procedures with the WTO Trade Facilitation Agreement (TFA). A “mid-term” stock-take was undertaken in 2019, covering June 2014 to June 2018. This mid-term stock-take aimed to assess TFSP’s performance, identify lessons learned, and areas where improvements can be made.
International Economics will conduct a follow-up stock-take/assessment & learning review that picks up from the mid-term, covering July 2018 to June 2023.