91142 INVESTMENT CLIMATE Global Trade Logistics Advisory: Easing Access to Markets Investment Climate l World Bank Group Dedicated to providing Helping clients create technical assistance to simple, efficient and governments, our team fosters deep partnerships with the public and private Program Overview Areas of Engagement accountable trade logistics systems and services that have a sectors to catalyze trade dramatic impact on logistics reforms. economic development. The Global Trade Logistics Advisory program, part of the Investment Climate Department of the World Core Focus: Emerging Themes: Bank Group, helps developing countries build efficient trade logistics systems and services. n Simplify and harmonize trade procedures and n Enhance governance and reduce corruption Since inception in 2007, the program has exponentially scaled up to cover over 40 countries, including documentation n Promote green supply chains IDA and Fragile & Conflict-affected States. n Integrate risk management systems in border n Support implementation of the upcoming clearance and inspections regimes WTO Trade Facilitation Agreement n Implement automation and single window systems n Promote regional integration IN PARTNERSHIP WITH n Improve logistics and distribution services n Address trade logistics barriers along agribusiness supply chains Streamlining Documents & Processes Reducing Armenia’s Paperwork in Burkina Faso to Export Within 2 years, trade logistics reforms in Burkina Faso decreased the With the assistance of the global trade logistics team, Armenian time to import and export by 9%. Highlights: traders now enjoy reduced trade transaction time for getting their goods to markets. Highlights: n Clearance time reduced significantly by removing escort Service Delivery Framework Development Impact requirements for moving low risk transit cargo from borders n Removal of the export license and technical certificates to Ouagadougou. reduced export documents from 7 to 5 and export time by 56% in 3 years. n The Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO) We provide world-class trade logistics advisory services tailored to client needs: and other commercial banks in Burkina Faso streamlined the n Armenian exporters no longer require Expertise Test Reports issuance of Foreign Exchange Authorizations and Letters of to obtain a Certificate of Origin. This saves them 4 days and Rapid Response Program (10-12 months) Credit, thus reducing documentation time from 15 to 6 days. $100 per export transaction. n Identifies and achieves “quick wins” that build trust and catalyze reforms n Establishes the basis for medium and long term reforms “ “ Systematic Reform Program (2-3 years) n Extends rapid response work and addresses key constraints n Promotes best practices for efficient trade logistics supply chains The international expertise and the professionalism of the The global trade logistics team’s support and expertise have global trade logistics team of the World Bank Group has been been crucial for addressing bottlenecks to import and export in Regional Program (3-4 years) With a clear focus on reducing the time and cost to trade, our work fuels economic growth central in implementing a complex reform agenda that has Armenia. A dozen customs and technical control regulations n Eases access to regional and global markets through increased trade and private sector savings, potentially leading to investments and enabled several improvements in trade facilitation services in were removed or modified, leading to a more streamlined trade n Provides solutions to land-locked, transit and island economies job creation. Burkina Faso. We appreciate the team’s forthcoming efforts to transaction process and improved environment for traders. We ” During the 2012-2016 strategy cycle, the Global Trade Logistics Advisory program expects to ” support regional solutions that would help create more growth are extremely delighted that this work has made Armenia a improve trade flows by $2.5 billion and achieve $250 million in private sector savings. opportunities in Burkina Faso. more attractive destination for investments. Ousmane Guiro, Directeur Général des Douanes Karine Minasyan, First Deputy Minister of Economy Direction Générale des Douanes, Burkina Faso Ministry of Economy of the Republic of Armenia The Global Trade Logistics Advisory program is part of the Investment Climate Department of the World Bank Group. The Investment Climate Department helps governments implement reforms to improve their business environment, and encourage and retain investment, thus fostering competitive markets, growth and job creation. Funding is provided by the World Bank Group (IFC, MIGA, and the World Bank) and over fifteen donor partners working through the multi-donor FIAS platform. Visit our Website For more information on the Global Trade Logistics Advisory program, please visit www.wbginvestmentclimate.org/advisory-services/regulatory-simplification/trade-logistics/ or scan this with your smart phone: Investment Climate l World Bank Group