ROCB A/P participates in the CAREC Meeting for supporting implementation of the WTO TFA
25-28 June 2018, Bangkok, Thailand
At the invitation from the Asian Development Bank (ADB), Mr. Hong-Young Jo of the ROCB A/P, participated in the Central Asia Regional Economic Cooperation (CAREC) Inaugural Meeting of Regional Trade Group (RTG) and CAREC Senior Officials’ Meeting (SOM), which were held consecutively on 25-26 June 2018 and 27-28 June 2018 respectively in Bangkok, Thailand. More than 60 officials from the CAREC Member countries and its development partner organizations (e.g. IMF, WB, UNESCAP, UNDP, and CAREC Institute), as well as ADB representatives took part in this workshop.
In the wake of the introductory presentations, the representative from the ADB explained the results of the ADB’s assessment of status of compliance and early implementation by the CAREC member countries on the WTO Trade Facilitation Agreement (TFA) and areas to address identified challenges and capacity building needs, followed by the representative from the UNESCAP presentation on the results of the United Nations Global Survey on Trade Facilitation and Paperless Trade Implementation for the CAREC member countries. Mr. Jo shared the ROCB A/P’s activities for facilitating the implementation of the WTO TFA with participants. He also emphasized the importance of collective cooperation and sharing information among the CAREC member countries, and capacity building conducted by competent authorities for coping with challenges in implementing the WTO TFA at the initial stage.
Following the sessions, participants discussed the CAREC Integrated Trade Agenda 2030 (CITA 2030) and their Rolling Strategic Action Plan 2018-2020 (RSAP 2018-2020), which focused on five (5) Priority Areas including simplification and harmonization of customs procedures. Mr. Jo joined the discussion on how to collate activities supporting the TFA implementation into the CITA 2030 and the RSAP 2018-2020 in a concerted manner.