UN's ESCAP and ADB report reveals slow progress in Asia-Pacific paperless trade, averaging 42% implementation, while digital measures could reduce trade costs by 11%.
UN's ESCAP and ADB report highlights slow progress in paperless trade in Asia-Pacific, with average 42% implementation rate. Digital trade facilitation measures could reduce trade costs by 11%. The Asia-Pacific Trade Facilitation Forum, a key regional platform, focuses on leveraging digitalization to enable sustainable supply chains and address bottlenecks, border wait times, and support sustainable sourcing.
April 05, 2024
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