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PRODID:unctad.org
BEGIN:VEVENT
UID:6a4d9d3363726
DTSTART:20210831T080000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20210831T090000Z
LOCATION:\, 
SUMMARY:7th Trade Policy Dialogue: Tear down this wall\; Challenges with tr
 ade-related regulations
CLASS:PUBLIC
DESCRIPTION:Tear down this wall\; Challenges with trade-related regulations
  Trade related regulations including technical regulations (SPS\, TBT) pr
 otecting safety\, health and the environment are needed and increasingly u
 sed - but also generate trade costs that are three times higher than tarif
 fs. These Non-Tariff Measures (NTM) can also become Non-Tariff Barriers (
 NTB) if they intend to affect trade or are poorly implemented. Small econo
 mies and companies as well as vulnerable groups are disproportionately aff
 ected.Actions at three levels can address these challenges. First\, trans
 parency can reduce NTM related costs by about 25 per cent. UNCTAD collects
  with partners and member States data on NTMs that are made publicly avail
 able for policy makers and traders to facilitate trade (https://trainsonli
 ne.unctad.org and https://globaltradehelpdesk.org).Second\, NTBs that plag
 ue traders such as customs clearance delays should be addressed. Africa’
 s gains from the AfCFTA could be increased 3-to-4-fold if NTBs are serious
 ly addressed. The AfCFTA NTB Mechanism https://tradebarriers.africa answer
 s to this challenge. Any company can report NTBs and government Focal Poin
 ts monitor and resolve barriers.Third\, reducing the divergence of regulat
 ions can reduce costs again by 25 per cent. Regulatory cooperation may be 
 an instrument to lower trade costs\, without undercutting the attainment o
 f regulatory objectives. In cases where regulatory institutions have very 
 different capacities\, technical assistance can support. The webinar will
  focus on transparency and regulatory cooperation efforts in Asia\, Europe
  and Latin America and the global leadership of Africa’s AfCFTA NTB reso
 lution mechanism.Watch event recordinghttps://youtu.be/NU-PZqbInu4\n\nView
  meeting on unctad.org\nhttps://unctad.org/meeting/7th-trade-policy-dialog
 ue-tear-down-wall-challenges-trade-related-regulations
DTSTAMP:20260708T004331Z
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