The Trade Facilitation Agreement (TFA) was indeed adopted as part of the WTO's Bali Ministerial Conference in December 2013. India ratified the TFA, signaling its commitment to streamlining and modernizing customs procedures. However, the agreement did not come into force in January 2016; its entry into force required ratification by two-thirds of WTO members, which was achieved later. Therefore, statements 1 and 2 accurately describe the TFA's context and India's participation.