Groundbreaking repository of paperless business solutions invites submissions – ICC

The International Chamber of Commerce and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) are calling on public and private service providers to submit best practices for a new online repository of business initiatives and solutions paperless cross-border.

Launched at the Asia-Pacific Trade Facilitation Forum by ESCAP Head of Trade Policy and Facilitation, Yann Duval, in partnership with the ICC Digital Standards Initiative, the unique cross-border trade database Paperless (CBPT) aims to showcase projects and services relevant to paperless cross-border trade.

The publicly accessible online repository of legal and implementing instruments will support trade facilitation and foster close and sustained collaboration between countries, including through the Framework Agreement on Facilitation of Free Cross-Border Trade. paper in Asia and the Pacific.

During the Forum, delegates further encouraged the ratification of the framework agreement, which has the potential to accelerate the development of paperless trade, while harmonizing and building on a number of bilateral instruments and sub-regional already developed.

Mr Duval said: “Finding reliable information on paperless cross-border trade projects remains a challenge, as many projects are still in the pilot or PoC stage. The new database provides a one-stop shop to learn from existing project cases and services, in order to to promote harmonization and cooperation between public and private actors. It covers G-to-G, B-to-G and B-to-B initiatives to electronically exchange trade-related data across borders. We look forward to further developing the database in close collaboration with ICC DSI.

The database will be an essential source of information for ESCAP member States in the implementation of the United Nations treaty on the facilitation of cross-border paperless trade in Asia and the Pacific, but also for all those who wish further accelerate the digitization of their business. process. Achieving paperless cross-border trade is ambitious, but is expected to reduce trade transaction costs by at least 13% in the region.

Since 2009, the Asia-Pacific Trade Facilitation Forum (APTFF) has been the leading regional platform for exchanging good practices and knowledge on trade facilitation, attracting over 250 participants from over 30 countries and offering many opportunities for capacity building and cooperation. This year’s event highlighted the importance of accelerating the digitization of commerce and the shift to paperless commerce. In addition to a 13% reduction in trade costs, achieving paperless commerce would be equivalent to planting 400 million trees.

Hannah Nguyen, Director of Digital Ecosystems for the ICC Digital Standards Initiative (DSI), led an International Trade Facilitation Standards Forum workshop aimed at raising awareness of existing international standards. ICC and WTO recently launched the Cross-Border Paperless Trade Standards Toolkit to drive adoption, identify potential gaps and promote interoperability.

Ms. Nguyen has also represented ICC as a judge for the APTFF Trade Facilitation Innovation Award.

Ms Nguyen said:

“Through the DSI and other pioneering initiatives, ICC remains committed to ensure that the systems used by all stakeholders are interoperable and that business and government stakeholders are able to significantly improve the efficiency, visibility and resilience of cross-border trade to improve performance overall and the sustainability of supply chains.