between them, thus giving greater certainty to international transactions and faster customs clearance times. Trade facilitation as regards origin and other similar certifications of production processes is fundamentally one of information, and the definition of which parties are responsible, and liable, for which elements of that information. The objective should be to develop and integrate systems for managing this information in a way that promotes efficient production, allowing sourcing of materials from the broadest possible set of suppliers, at the least administrative cost, thus promoting the economic success of firms and the safety and satisfaction of global consumers.
Published on Feb 22, 2012
Over the last three decades, the countries of Latin America and East Asia have nearly all, to varying degrees, embraced development strategi...