China Ratifies WTO's Trade Facilitation Agreement

China Ratifies WTO's Trade Facilitation Agreement

China Tax Alert - Issue 22, September 2015  

1000
China Tax Alert

On 4 September 2015, China rectified WTO’s protocol of the Trade Facilitation Agreement, and became the 16th member accepting this specific protocol. According to WTO’s rule, the Agreement will enter into force once two-thirds of the WTO members complete their respective ratification process. With regard to China, implementation of the Agreement will reduce trade costs and raise the level of trade facilitation.  

© 2024 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Chinese Mainland, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

The KPMG name and logo are trademarks used under license by the
independent member firms of the KPMG global organisation.

For more detail about the structure of the KPMG global organisation please visit https://kpmg.com/governance.

京ICP备12028186号-1
京公网安备11010102003233号

Connect with us

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today