ATTEMPT · INDIAN ECONOMY · PRELIMS 2017
Consider the following statements: 1. India has ratified the Trade Facilitation Agreement (TFA) of WTO. 2. TF…
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Consider the following statements:
1. India has ratified the Trade Facilitation Agreement (TFA) of WTO.
2. TFA is a part of WTO’s Bali Ministerial Package of 2013.
3. TFA came into force in January 2016.
Which of the statements given above is/are correct?
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• Correct Answer: A
• India ratified the WTO TFA in April 2016; it was part of the Bali Ministerial Package of 2013.
• TFA entered into force in February 2017, not January 2016.
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