Abstract
The then 159 members of the World Trade Organization (WTO) agreed to the so-called “Bali Package” after intense negotiations at the Ninth Ministerial Conference in Bali, Indonesia. One of the key points was the new Agreement on Trade Facilitation. It eliminates many of the bureaucratic hurdles and difficulties surrounding the trade in goods, and creates standardised framework conditions for customs procedures. This is good news for all enterprises involved in international trade and should be implemented, as foreseen in Bali, in due course.
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CITATION STYLE
Brünjes, K., & Weidenfeller, M. (2015). Multilateral trade policy is back. In Trade Policy Between Law, Diplomacy and Scholarship: Liber Amicorum in Memoriam Horst G. Krenzler (pp. 47–59). Springer International Publishing. https://doi.org/10.1007/978-3-319-15690-3_6
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