“Trade policy refers to the regulatory and legal frameworks and procedures that govern domestic, regional and multilateral trade relations. Trade policy is formulated and implemented in line with national priorities through input from private sector actors and is constantly updated to take into account new trends and developments, including the globalization of supply chains and increased emphasis on trade in services, digitalization and sustainability. Trade facilitation focuses specifically on streamlining and simplifying procedures and processes involved in international trade. It aims to reduce trade barriers, improve efficiency, and enhance the smooth movement of goods, and services across borders. ITC aims at fostering international and inclusive trade in developing countries by reducing trade barriers allowing for simplification, modernization and harmonization of exports and imports procedures. Investment Facilitation aims to attract and retain investment through greater transparency, streamlining and reforms of procedures and rules, and better cross-border cooperation. If you are interested in resources on Trade and Investment Policy & Facilitation, click
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