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Trade Facilitation and Paperless Trade

State of Play and the Way Forward for Asia and the Pacific

image of Trade Facilitation and Paperless Trade
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.

English

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Acknowledgments

This study was prepared under the overall supervision of Susan Stone, Director, Trade and Investment Division (TID) of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), and the substantive direction and guidance of Yann Duval, Chief, Trade Facilitation Unit, TID. The chapter on the state of implementation of trade facilitation and paperless trade was prepared by Yann Duval, Tengfei Wang, Chorthip Utoktham, Dimitra Tsoulou, Pamela Anne Bayona, and Amin Saud Abdulkadir based on the results of the joint United Nations Regional Commissions (UNRCs) Survey on Trade Facilitation and Paperless Trade Implementation. The chapter on the impact of trade facilitation and paperless trade implementation on trade costs was prepared by Yann Duval, Chorthip Utoktham and Aman Saggu.

English

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