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WTO%27s+new+global+trade+deal+comes+into+force
Thursday, 23 February 2017 - 7:34
WTO's new global trade deal comes into force
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An international agreement forecast to boost global trade by 1 trillion dollars a year has come into force.

The Director General of the World Trade Organization, Roberto Azevedo, called it "the biggest reform of global trade in a generation".

The Trade Facilitation Agreement involves streamlining customs procedures.

He said it would have a bigger impact than eliminating all existing taxes on imports, known as tariffs.

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