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Facilitation in business, organizational development and consensus decision-making refers to the process of designing and running a meeting according to a previously agreed set of requirements. [ 1 ] Facilitation concerns itself with all the tasks needed to reach a productive and impartial meeting outcome that reflects the agreed objectives and ...
A facilitating payment, facilitation payment, [1] or grease payment [2] is a payment to government employees to speed up an administrative process whose outcome is already determined. [3] Although ethically questionable, it is not considered to be bribery according to the legislation of some states as well as in international anti-bribery ...
The trade facilitation objectives were introduced in the international agenda basically because of four main factors. [6]1) The successful implementation of the trade liberalization policy within the WTO frameworks caused the significant reduction of tariff and non-tariff barriers, that is common for developed countries (the average rate of customs duty from 4,5% to 6,5%, the share of duty ...
Facilitation may refer to: . Facilitation (organisational), the designing and running of successful meetings and workshops in organizational settings Ecological facilitation, the process by which an organism profits from the presence of another, such as nurse plants that provide shade for new seedlings or saplings (e.g. using an orange tree to provide shade for a newly planted coffee plant)
The Trade Facilitation Agreement is projected to have a significantly positive impact on these countries, with an expected 14.5% reduction in total Trade costs once the Agreement comes into force. The Agreement will also help in making critical practical hurdles which govern International trade , redundant.
The term "Single Window" in trade facilitation is often misused, leading to confusion and potential abuse of the concept. Examples of misuse include: Labelling basic online portals or information websites as Single Windows, despite lacking key features like standardised data submission or interagency coordination.
The Doing Business report provides concrete examples of efficiency savings made possible through trade facilitation reforms. Much of these relate to addressing regulatory reform and other steps—that in contrast to hard infrastructure—constitute the major part of why engaging in trade takes longer in developing countries.
Promoting ways and means of ensuring a uniform interpretation and application of international conventions and uniform laws in the field of the law of international trade. Collecting and disseminating information on national legislation and modern legal developments, including case law, in the field of the law of international trade.