India will soon ratify the World Trade Organization WTO's trade facilitation agreement. Informing this, Union Commerce Secretary Rita Teaotia said, the agreement is important for boosting trade among nations, for simplifying the customs rules and also for reducing the cost of trading. Speaking at a function of International Chamber of Commerce in New Delhi today, the official said, Government of India has completed most of the consultation process related with the pact.Trade Facilitation Agreement (TFA), was concluded by the WTO in Bali in 2013. So far over 55 WTO members have ratified this pact. Teaotia also said, WTO members should move forward on liberalising the services sector as the segment assumes key importance for developing countries like India.Talking about the stalled Doha Development Agenda (DDA), the secretary said, it is difficult to bring in new issues into the the WTO without reaching some kind of respectable progress on the DDA. She added that in the Doha Agenda, there are legitimate interest of poor farmers and food security of millions of people of developing countries.