TITLE: ADB Report Warns of Tariffs Being Replaced by Sanitary Barriers in Global Trade
CATEGORY: Customs Regulation
COUNTRY/REGION: Customs Regulation
The Asian Development Bank (ADB) has issued a warning that food safety regulations are overtaking tariffs as the main trade barriers. According to the ADB, this shift creates new compliance challenges for developing economies, potentially leading to shipment rejections and import restrictions. The information stems from an ADB analysis, not from any officially published regulation.
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