Implementing TFA is not difficult: CBEC chairman

Ratified by 112 nations, the deal will ease customs norms and processes

Pinning hopes on global trade facilitation agreement (TFA) in goods to boost India’s trade flows, Central Board of Excise and Customs Chairman Najib Shah on Wednesday said implementing the deal would not be a problem for India.

Speaking at an event organised by the Confederation of Indian Industries (CII), Shah said India was largely compliant with the provisions of the TFA. The World Trade Organisation's (WTO’s) landmark deal came into force last month and is expected to provide a much-needed boost to beleaguered global growth. However, its success will depend on the rising tide of trade protectionism across the world and