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has been cited by the following article:

• TITLE: Research on the Impact of the Trade Facilitation Level of Yemen along the “Belt and Road” on China’s Export Diversification

  AUTHORS: Bo Xie, Halif Zeyad Mohammed Ali Saeed, Malik Muhammad

  KEYWORDS: Economic Globalization, Regional, and Bilateral Economic Cooperation, International Trade and Policy, Yemen, The Belt and Road

  JOURNAL NAME: Open Journal of Social Sciences, Vol.12 No.11, November 12, 2024

  ABSTRACT: With economic globalization, tariff reduction has become very limited, and non-efficiency and non-convenience factors in trade have become more prominent. Thus, international multilateral, regional, and bilateral economic cooperation has increasingly focused on trade facilitation, which reduces procedural and administrative barriers, lowers trade costs, and improves trade efficiency. This paper first reviews the literature on trade facilitation’s definition and connotation, quantification and measurement, impact on international trade, and policy research. This paper explains how trade facilitation affects trade flows using transaction cost and regional economic integration theories. Second, it examines China-Yemen trade and facilitation. Third, this paper establishes a trade facilitation evaluation system with four first-level and 22 second-level indicators. It compares China-Yemen trade facilitation in 2012-2022 using principal component analysis.