Digitalising Trade: The Role of Paperless Platforms
Published Date | March 2024 |
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Type of Publication | Reports |
Publication Under | APEC Secretariat, APEC Policy Support Unit |
Accessed | 1102 |
Pages | 12 |
Download publication | Download |
Description
Despite ongoing efforts by economies, the trade process remains largely manual and time-consuming, imposing significant costs on businesses and consumers. Digital trade facilitation is one potential solution to tackle these challenges. This Policy Brief examines the current state of digital trade facilitation with a focus on the role of digital trade platforms. It identifies the challenges hindering the wider adoption of such systems and provides recommendations to overcome key barriers.