RT Book, Whole SR Electronic(1) A1 United Nations Economic and Social Commission for Asia and the Pacific A1 Yann Duval A1 Tengfei Wang A1 Chorthip Utoktham YR 2016 T1 Trade Facilitation and Paperless Trade PB United Nations SN 9789210581387 DO https://doi.org/10.18356/04abbc74-en UL https://www.un-ilibrary.org/content/books/9789210581387, AB
This book features the results of the 2015 UNRC Joint Survey on Trade Facilitation and Paperless Trade Implementation for the Asia-Pacific Region and incorporates them into an econometric analysis estimating the impact of trade facilitation on trade costs. It shows that there is a strong, negative relationship between Asia-Pacific countries’ international trade costs and their level of trade facilitation implementation. Reducing trade costs is essential for developing economies to participate in international production networks and effectively use trade as an engine of growth and sustainable development. One effective way to reduce trade costs is to tackle non-tariff barriers and address regulatory procedures and documentation requirements. Trade facilitation, including paperless trade, has taken increasing importance as evidenced by the WTO Trade Facilitation Agreement reached in December 2013, as well as the growing number of regional and subregional initiatives aimed at facilitating the electronic exchange of trade related information and documents along international supply chains.