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{
    "id": 614345,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/614345/?format=api",
    "text_counter": 190,
    "type": "speech",
    "speaker_name": "Hon. Gaichuhie",
    "speaker_title": "",
    "speaker": {
        "id": 17,
        "legal_name": "Nelson Ributhi Gaichuhie",
        "slug": "nelson-gaichuhie"
    },
    "content": "region have ratified and we are privileged this year to be hosting the Tenth Ministerial Conference. It would be a shame if our Parliament will be the one that has not ratified a trade agreement that was agreed upon in Bali in December, 2013. Since we have given all the reasons why we think we should ratify this trade agreement, the Members will agree with me that we need to ratify it, like yesterday. Unfortunately, the Ministry delayed in bringing it. My Chair was trying to give the benefits that the WTO Trade Facilitation Agreement will give and we are saying it is the shortening of waiting time, reduction of transaction cost, improved revenue collection and effectiveness, more transparent and efficient regulatory climate for investors, improvement of efficiency and integrity of Custom agencies, improved relationship between border control authorities and the business community. There will be better functioning of public agencies. The SMEs, which suffer more from administrative burdens than larger enterprises, are expected to benefit considerably from the implementation of the TFA. Agreements will help developing countries attract more foreign development aid, increased custom revenue and reduced incidences of corruption. The delay of goods and more documentation is a window of corruption and we are trying to fight corruption. So, this agreement will help this country to fight corruption. We are also going to harmonise all the trade documents from different countries and we will have a joint customs operation which will facilitate trade between all the countries. With those remarks, I support."
}