Palestine has become the 72nd country to accede to the United Nations TIR Convention, marking the latest advance in the development of road and multimodal transport in the Middle East and North Africa region.
The system is expanding rapidly, with Pakistan, China and India, home to almost 40% of the world’s population, acceding to the Convention within the last three years alone.
The only global customs transit system, TIR facilitates trade and the secure movement of goods across borders. It secures customs duties and taxes and provides a robust guarantee mechanism, reducing trade transaction costs, and facilitating higher growth of intra-regional and inter-regional trade.