An Evaluation of the Need and Cost of Selected Trade Facilitation Measures in India: Implications for the WTO Negotiations
AbstractThe study finds that in case of Article X, which basically deals with the publication and administration of trade regulations, India has already implemented most of the requirements. However comprehensive efforts are required to implement, the provision related to single inquiry point which may require software compatibility among various agencies involved apart from addressing the infrastructural constraints. In case of GATT Article VIII which deals with issues related to fees and charges and import and export formalities and documentation requirements most of the provisions are in place but efforts are required to improve the border agency coordination. In case of Articles X and VIII, the minimum cost is estimated at around Re. 2,016 million. This includes a major expenditure on equipments and infrastructure (82 per cent). The installation of electronic cargo clearance units is a major requirement at most of the leading ports in India. In Article V there is lot to be expected from India, the infrastructure requirements, especially for the physical infrastructure, deserve huge and urgent funding. This includes additional efforts required to support and strengthen the level of communication at the border points. Most of the Land Customs Stations (LCSs) require better infrastructure. There is need to attach greater priority to include various provisions of GATT Article V in the bilateral trade and transit treaties especially with land locked countries for greater facilitation of transit trade.
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Bibliographic InfoPaper provided by Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada. in its series Working Papers with number 406.
Length: 51 pages
Date of creation: Mar 2006
Date of revision:
Publication status: Published in ARTNeT website
Contact details of provider:
Web page: http://www.unescap.org/tid/artnet/
GATT; WTO; Trade Facilitation; India;
Find related papers by JEL classification:
- F1 - International Economics - - Trade
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-08-05 (All new papers)
- NEP-CWA-2006-08-05 (Central & Western Asia)
- NEP-INT-2006-08-05 (International Trade)
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- Sachin Chaturvedi, 2006. "Customs Valuation in India: Identifying Trade Facilitation related Concerns," Working Papers 2506, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
- Biman Chand Prasad, 2006. "Trade Facilitation Needs and Customs Valuation in Fiji," Working Papers 2406, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
- Sachin Chaturvedi, 2007. "Trade Facilitation Measures in South Asian FTAs: An Overview of Initiatives and Policy Approaches," Working Papers 2807, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
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