The Trade Facilitation Support Program (TFSP), managed by the World Bank Group's Trade and Competitiveness Global Practice, provides support for countries seeking assistance in aligning their trade practices with the World Trade Organization Trade Facilitation Agreement (WTO TFA).
TFSP helps developing countries implement trade facilitation reforms aimed at improving trade systems, services, and practices, potentially leading to increased trade, investments, job creation, and private sector competitiveness.
Trade facilitation plays an important role in development. It enhances countries' competitiveness, allowing them to trade goods and services on time and with low transaction costs.
As of today:
§ 7 partners have committed US$36 million to the Program.
§ TFSP also works in collaboration with 8 multilateral organizations
§ 52 countries have requested assistance
For more information on the Program contact us at: TFSP@worldbankgroup.org
Requests for assistance can be made directly to the Program through World Bank Group offices, the WTO, or one of our partners:
- European Union
- Australia (Department of Foreign Affairs and Trade)
- Canada (Department of Foreign Affairs, Trade and Development Canada)
- Switzerland (State Secretariat for Economic Affairs)
- Norway (Ministry of Foreign Affairs of the Kingdom of Norway)
- USA (USAID)
- United Kingdom (UKaid)
In addition to the TFSP, countries can benefit from the following World Bank Group financing vehicles to support trade facilitation:
- Bilateral programs with donor partners
- World Bank Group lending instruments