📦trade facilitation

noun
/treɪd fəˌsɪl.ɪˈteɪ.ʃən/

Meaning

The simplification, modernization and harmonization of export and import processes.

Example Sentences

Trade facilitation boosts economic growth.

Synonyms

commerce support, trade enhancement, business facilitation

Antonyms

trade barriers, commercial restrictions, import/export obstacles

Related Vocabularies

all the people born and living at about the same time; the process of producing something
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The fact or condition of being widespread; the extent to which something exists or occurs
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an uncultivated, uninhabited, and inhospitable region; a wild or uncultivated state

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