More countries ratify the WTO Trade Facilitation Agreement
Lesotho and Georgia are the two new members that have ratified the Trade Facilitation Agreement (TFA). The WTO, the World Trade Organisation’s Secretariat received the countries’ instruments of acceptance on January 4th. These two ratifications bring to 65 the number of WTO members that have formally accepted the TFA. Several ratifications were submitted by ministers during the organization’s Tenth Ministerial Conference in Nairobi
Seychelles has ratified the new Trade Facilitation Agreement (TFA), becoming the 66th WTO member to do so. Seychelles submitted its instrument of acceptance to the WTO Secretariat on 11 January.
Also Mali has ratified the new Trade Facilitation Agreement (TFA), becoming the 10th African nation to do so. Mali has also accepted an amendment to the TRIPS Agreement aimed at facilitating access to essential medicines in poor countries that was adopted in 2005. Mali is the 68th WTO member to ratify the TFA. The Agreement will enter into force once two-thirds of the WTO membership has formally accepted the Agreement.