By: Juntee Terrenal, GMS, Strategic International Business Leader, Adviser & Coach
The WTO Trade Facilitation Agreement, is the first multilateral agreement since the inception of World Trade Organization twenty years ago; this was agreed to at the WTO Ministerial Conference in Bali, Indonesia, in December 2013. Many if not most international businesses will benefit tremendously on this new multilateral trade agreement when it will take effect.
The Agreement Provisions:
- for expediting the movement, release and clearance of goods, including goods in transit
- promises major reductions in costs and administrative burdens associated with moving goods across borders
- The developing countries may see reductions in trade costs of up to fifteen percent
About Juntee Terrenal, MA, GMS:
Mr. Terrenal is your partner in becoming the “High Performing Organization” of 2015 and beyond; strategic international business Leader, adviser & coach, competent, human capital and resources management. Creates initiatives combined with business acumen and ROI integrating complex human capital and resources that clients seek, globally. With 20+ years of experience he brings many time and money-saving solutions to your complex business issues and problems particularly when operating internationally. Negotiator, communicator, proven track record in accelerating productivity, organizational effectiveness, talent management, service quality. Quoted to numerous international media outlets.
As an experienced global mobility management specialist, human capital management executive and management consultant, he and his team create solutions, converting client’s needs into actions, resolving their challenges. Mr. Terrenal and his global team have successfully assisted, implemented and accelerated businesses and personal successes of their corporate and individual clients by using their ROI-driven techniques in over 40 countries.