How will the agreement be implemented?
- According to the declaration, the participating WTO members can gradually reduce tariffs: the first tariff reduction is to be implemented before 1 July 2016, the fourth before 1 July 2019 and the last before 1 July 2019.
- The countries are urged to abolish customs duties as soon as possible.
- Greater transparency on the exact nature of customs elimination in each Member State is expected by the end of the year, as countries are expected to commit to roadmaps by then