Digital and Sustainable Trade Facilitation : in Central Asia Regional Economic Cooperation (CAREC) 2021 / based on the United Nations Global Survey on Digital and Sustainable Trade Facilitation
Publication details: Bangkok : Trade, Investment and Innovation Division Economic and Social Commission for Asia and the Pacific (ESCAP), 2021Description: 48 p. ; 1 documento PDFSubject(s):| Cover image | Item type | Current library | Home library | Collection | Shelving location | Call number | Materials specified | Vol info | URL | Copy number | Status | Notes | Date due | Barcode | Item holds | Item hold queue priority | Course reserves | |
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CDO | Colección digital | 2020-12-14 | Acceso libre online | 1000020176919 |
The report presents results of the 2021 United Nations Global Survey on Digital and Sustainable Trade Facilitation for ten countries members of the Central Asia Regional Economic Cooperation Program (CAREC). It presents a detailed analysis based on 58 trade facilitation measures which are classified into four groups ("General Trade Facilitation", "Digital Trade Facilitation", "Sustainable Trade Facilitation", and "Other Trade Facilitation") and further 11 subgroups covering both binding and non-binding WTO TFA measures and measures beyond the scope of WTO TFA+.
The report suggests that most trade cost reductions are associated with paperless trade measures rather than conventional trade facilitation measures. Implementing both binding and non-binding WTO TFA measures could result in a 4-9% decrease in trade costs. In contrast, 'Digital Trade Facilitation' measures enabling the seamless electronic exchange of trade data and documents across borders could result in a reduction of about 17% in a full implementation scenario. For countries to reap the benefits from digital trade facilitation, the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific (CPTA) could support countries by providing a dedicated, inclusive and capacity-building focused intergovernmental platform.
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