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.

Related Subject(s): International Trade and Finance

Countries: China ; Korea, Republic of