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Union Cabinet approved Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO).Consider the following statements: 1. India is the 1st country to give nod to the agreement that seeks to ease customs procedures to boost commerce. 2. The TFA shall enter into force for the notified members (107 countries) upon acceptance by one-third WTO Members. 3. National Committee on Trade Facilitation (NCTF) will facilitate both domestic coordination and implementation of the provisions of the Agreement. Which of the above statements are incorrect? |
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Answer» Union Cabinet approved Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO).Consider the following statements: 1. India is the 1st country to give nod to the agreement that seeks to ease customs procedures to boost commerce. 2. The TFA shall enter into force for the notified members (107 countries) upon acceptance by one-third WTO Members. 3. National Committee on Trade Facilitation (NCTF) will facilitate both domestic coordination and implementation of the provisions of the Agreement. Which of the above statements are incorrect? |
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