TRADE LOGISTICS FACILITATION : KEY TO COMPETITIVENESS AN OVERVIEW OF THE WORLD BANK TRADE LOGISTICS AND FACILITATION PORTFOLIO Our work aims to reduce the cost of trading throughout the supply chain by: Trade Facilitation is pivotal to development. It enhances countries’ competitiveness by allowing them to trade goods and services on a timely basis with lower transaction costs. Conversely, inefficient logistics, procedures and infrastructure can pose a significant obstacle to trade…
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