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Enhancing Regional Connectivity: Towards a Regional Arrangement for the Facilitation of Cross-Border Paperless Trade

image of Enhancing Regional Connectivity: Towards a Regional Arrangement for the Facilitation of Cross-Border Paperless Trade
Current implementation of paperless trade systems in the Asia-Pacific region focuses on application to domestic parts of trade processes, while international trade inherently requires trade information to flow across borders along internal supply chains. With current practices of paperless trade implementation limited predominately to the national level, the flow of trade information does not continue along an international supply chain; thus, it is being disrupted at the borders and results in traders turning to conventional paper-based trade practices. Yet given the fact that those countries in the region that are benefiting from implementing paperless trade only at domestic level, it is not difficult to see that efficiency gains will be considerably greater when the flow of trade information is facilitated across borders. This will, in turn, undoubtedly lead to major improvements in regional connectivity. Comprising three chapters and three annexes, this publication comprehensively assesses the current status of paperless trade in the region and beyond, elaborates on the need for having regional arrangements to facilitate cross-border paperless trade, and provides specific direction and details for putting a practical regional arrangement in place.

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Analysis of cross-border electronic certificates of origin between the Republic of Korea and Taiwan province of China

With the introduction of e-commerce to the global supply chain management, there have been various attempts to digitalize the cross-border transactions by utilizing the latest information and communications technology through a private contract-based legal framework. In early 2000, such initiatives were led by paperless trade forerunners such as Bolero, Trade Card and Pan Asian e-Commerce Alliance. However, these private sectororiented initiatives faced limitations due to the nature of international trade. Unlike the domestic process, international trade requires more administrative processing at bordercrossing points and the private contract-based legal framework for paperless trade lost its validity when faced with government regulations and laws. To address the issue, regional and international bodies have recommended public and private dialogue, and a partnership programme, and have initiated a number of pilot projects.

English

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