Tag Archives | trade facilitation
Information and Communications Technology, Trade

Digital trade needs more coordination, leadership

Digital trade needs more coordination, leadership
Electronic documentation in trade has made impressive recent gains in Asia and the Pacific. Up to 38% of banks in the region report progress in digitizing their operations in 2015, and more than a third of countries had partially or fully implemented electronic customs systems by the end of last year.

Regional Cooperation, Trade

RCEP – a life raft for trade liberalization in Asia

RCEP - a life raft for trade liberalization in Asia
There seems to be a pushback against trade agreements in the post global financial crisis era. The Trans-Pacific Partnership (TPP) was signed in early 2016, but US presidential candidates have spared no effort criticizing it so near-term ratification is highly uncertain. The WTO Doha Round is in the deep freeze after 14 years of negotiations. Unilateral trade liberalization has virtually come to a standstill.