UN study reveals growing role of trade facilitation groups

UN study reveals growing role of trade facilitation groups

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A new UN Trade and Development (UNCTAD) study shows national trade facilitation committees are becoming key players in reforming global trade, with over half now actively working on major initiatives, according to the official statement. The report surveyed more than 60 countries to assess how these committees help implement trade reforms. These groups bridge government and business, coordinating efforts to make international trade smoother.

Trade facilitation committees help countries meet World Trade Organization obligations by bringing together officials and private sector representatives. They tackle complex border procedures that slow down commerce. The committees have gained particular importance in developing nations where resources are limited but trade reform needs are urgent.

The study found 54% of committees are directly involved in major trade initiatives like digital customs systems. In least developed countries, 61% juggle both coordination and operational work due to limited resources.

“When NTFCs are empowered with resources and political backing, they can unlock trade facilitation reforms,” said WTO’s Edem Kossi.

However, significant challenges remain. About 71% of committees need better training for members, while the same percentage struggles to secure adequate funding. Many haven’t expanded beyond basic requirements to tackle newer issues like climate-smart trade and gender equality in their work.

The findings highlight both growing influence and persistent needs of these trade committees worldwide. As global commerce faces supply chain disruptions, these groups must evolve to address broader challenges. UNCTAD continues supporting them through technical assistance to ensure trade reforms benefit everyone.