The mission of the Trade Logistics and Facilitation team is to promote awareness and exchange of good practice in trade logistics and facilitation activities.
Trade facilitation encompasses activities that focus on increasing the volume of international trade by reducing the costs and increasing the efficacy of transporting traded goods to consumers. Broadly defined trade facilitation includes anything from institutional and regulatory reform to customs and port efficiency. As a whole, these measures are far more intricate and costly to implement than previous trade reforms.
As the first generation of trade reforms have been, or are being, implemented by the majority of developing countries, it is becoming clear that their successful integration into the world economy increasingly depends on the realization of a series of complex, behind-border measures that fall under the heading of trade facilitation.
The World Bank attaches great importance to trade facilitation, as witnessed by its existing portfolio of eighty projects under implementation, totaling $4.6 billion. Indeed, the Bank’s largest and more rapidly increasing trade-related work is in the area of trade facilitation and competitiveness.
The Trade Logistics and Facilitation team seeks to promote awareness among Bank staff in terms of institutional development, operations, and finance. For our borrowers, we will organize and help deliver training in key areas of transport systems regulation, organization and management, to increase overall efficiency of national transport networks and enhance external trade competitiveness.
For more information see the Trade Facilitation Brochure, updated in April 2010.
Last updated on May 27, 2010