India is pushing for a trade facilitation agreement on services to promote trade in this sector along with goods. Photo: AFPNew Delhi: India will soon move a detailed concept note at the World Trade Organisation (WTO) to start discussions on trade facilitation agreement in services. India is pushing for a trade facilitation agreement (TFA) on services to promote trade in this sector along with goods. It also sets out measures for effective cooperation between customs and other appropriate authorities on trade facilitation and compliance issues. The move also assumes significance as about a dozen countries are already negotiating trade in services agreement (Tisa) in the WTO.

Source: Mint September 18, 2016 08:15 UTC