Cutting the cost of global trade, NATION

From: The Nation (Thailand) | Date: August 9, 2002 | Copyright information

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K I Woo talks to a Thai and a Canadian trade official on the importance of implementing trade-facilitation procedures. Part one of a two-part series on trade issues. As globalization takes hold, measures to facilitate the movement of goods and reduce cross-border transaction costs can greatly improve the standard of living in many countries. The Asia-Pacific Economic Cooperation (Apec) forum has been a prime mover in fostering greater understanding of the benefits of trade- facilitation principles among its 21 member countries, including Thailand. Areerat Suvanadat, a ...

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