WTO misses deadline for signing TFA

WTO misses deadline for signing TFA

WTO members fail to reach agreement by deadline that would have sped flow of goods across international borders.

THE World Trade Organization failed to meet a self-imposed deadline of July 31 for signing the Trade Facilitation Agreement (TFA), leaving member countries to reflect on how the WTO negotiations proceed from here.

In Bali, India, seven months ago, the U.S. worked closely with WTO Director General Roberto Azevedo and numerous other WTO members to reach a landmark package of agreements that breathed new life into the WTO talks.

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