Imagine a world where goods move freely across borders, unencumbered by bureaucratic red tape, complex customs procedures, or delays at major shipping ports. This isn't a futuristic dream; it's the reality that many countries strive to achieve through Free Trade Agreements (FTAs) and transshipment f...
Category: International Trade
A Free Trade Area (FTA) is a region where a group of countries agree to eliminate tariffs, import quotas, and other trade barriers among themselves, but maintain their own external trade policies with non-member countries. This concept facilitates increased trade and investment among member countrie...