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Digitalising Trade: The Role of Paperless Platforms

Published Date March 2024
Type of Publication Reports
Publication Under APEC Secretariat, APEC Policy Support Unit
Accessed 189
Pages 12
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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.