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Draft UN/CEFACT Trade and Transport Facilitation Monitoring Mechanism (TTFMM)

 

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Project Proposal: Draft UN/CEFACT Trade and Transport Facilitation Monitoring Mechanism (TTFMM)

 

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India
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Senegal

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 The objective of the project is to create a recommendation and guidelines for designing and implementing a Trade and Transport Facilitation Monitoring Mechanism (TTFMM) that is in charge to create a common methodology to build trade and transport indicators useful to support decision making, and to harmonize efforts in data gathering and promote homogeneity to measure the concepts involved in trade and transport facilitation standardizing the metrics. By creating the metrics and indicators for measuring trade and transport facilitation, it will be also necessary to create the mechanisms to assess and monitor the effectiveness of policies and action plans to facilitate trade. The information that the TTFMM bodies will create information useful for doing comparisons and forecast, but most importantly, it is an extraordinary tool to design strategies, to identify strengths and weakness, to release corrective plans, and enhance policies. A case study repository is also envisaged.

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