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Events • July 11, 2008 

# Securing Economic Growth through Trade Facilitation 

Improving the international trading system does not depend solely on new, comprehensive multilateral agreements. Countries can realize significant gains in commercial flows by undertaking trade facilitation—reforms that decrease administrative and physical impediments to transporting goods and services across borders. According to recent studies from several international economic institutions and a [new Cato paper](http://www.freetrade.org/node/880), trade facilitation reforms could increase global trade flows even more than further reductions in tariff rates and are primarily and substantially in the interest of the country implementing reform. Please join Cato trade scholar Daniel Ikenson and World Bank economist Simeon Djankov to discuss how to expand international commerce even without new multilateral trade agreements. 

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Daniel J. Ikenson](/sites/cato.org/files/styles/author_picture/public/2021-01/Dan%20Ikenson.jpg?itok=mP30bIXr)](/people/daniel-j-ikenson) 

##### [Daniel J. Ikenson](/people/daniel-j-ikenson)

Former Director, Herbert A. Stiefel Center for Trade Policy Studies

##### Simeon Djankov 

Policy Director, Financial Markets Group, London School of Economics