WTO TRADE FACILITATION AGREEMENT BROADLY WELCOMED BY PLASTICS SECTOR

 A NEW World Trade Organisation (WTO) agreement cracking down on trade-based red tape, inappropriate fees and bad practice could have a significant and beneficial impact on the plastics industry if implemented in full, say experts. WTO officials may warn that it could take between three and five years for member countries to ratify this agreement on trade facilitation, but they argue changes should be worth the wait. Philip Law, public and industrial affairs director of the British Plastic Federation, says, for instance, that there is “almost an outrageous ...


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