The need for regional arrangements on paperless trade in Asia and the Pacific

Before examining the need for regional arrangements on paperless trade, it is worthwhile looking briefly at the need for paperless trade per se. As the United Nations Economic Commission for Europe (UNECE) (2006) has pointed out, billions of paper documents are used in international trade by traders and administrations. This is happening despite phenomenal advances in information and communications technology (ICT). The arguments supporting a changeover from paper documents to paperless trade are now well-known.

Related Subject(s): International Trade and Finance