Trade Facilitation in Asia and the Pacific

2011 ◽  
Author(s):  
2021 ◽  
pp. 263168462110355
Author(s):  
Yann Duval ◽  
Simon Hardy

The Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific entered into force in February 2021. While economic benefits associated with paperless trade facilitation are well known, little attention has been paid to measuring the potential environmental benefits. Accordingly, this article sets out to quantify the amount of greenhouse gas emissions that could be saved if all trade-related paper documents in the region are ultimately replaced by digital documents and data exchange, as foreseen in the regional framework agreement. This is carried out by combining detailed descriptions of trade transactions, data on trading volumes and relevant emission factors. Even with conservative assumptions, the emissions saved by fully digitalising a single end-to-end trade transaction are equivalent to planting 1.5 trees. For the Asia-Pacific, this implies savings of about 13 million tons of CO2e annually, equivalent to the carbon absorbed by 400 million trees. The results are driven by efficiency gains from handling data digitally rather than by the direct savings of paper and ink. JEL Classification: F18, H83, Q56


2019 ◽  
Vol 1 (1) ◽  
pp. 11-31
Author(s):  
Y. Duval ◽  
T. Wang ◽  
C. Utoktham ◽  
A. Kravchenko

Reducing trade costs is essential to achieve Asian integration. Trade costs in the Asian and the Pacific region remain high, in particular, between different Asian subregions. Significant progress has been made in implementation of trade facilitation measures between 2015 and 2017, particularly those included in the World Trade Organization (WTO) Trade Facilitation Agreement (TFA). However, progress in implementing of next-generation digital trade facilitation measures, such as cross-border paperless trade measures, has been more limited. Simulation results suggest that full implementation of such measures could nearly double trade costs reductions expected from WTO TFA implementation. A new regional United Nations (UN) treaty, the Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific, may accelerate progress in this area. JEL Codes: F13, F15, F17


Author(s):  
V. N. Sidorov ◽  
E. V. Sidorova

Trade is defined as one of the key enabler of implementation of the Sustainable Development Goals Agenda 2030. Trade facilitation is important trend of trade in sustainable development, as expected will promote of growth acceleration and international trade and also will enhance economic, ecological and social aspects of sustainable development. In article is offered to consider the main activities of the United Nations in the trade facilitation. In the article it is offered to consider the main activities of the UN in the sphere simplification of procedures of trade The article considers the work of the United Nations in the of trade facilitation field, in particular the work of the United Nations, sustainable development, trade facilitation, International law, United Nations Commission on International Trade law, United Nations Conference on Trade and Development, United Nations Industrial Development Organization, United Nations Economic Commission for Europe, United Nations Centre for Trade Facilitation and Electronic Business, United Nations Economic and Social Commission for Asia and the Pacific, United Nations Network of Experts for Paperless Trade in Asia and the Pacific.


2017 ◽  
Vol 17 (1) ◽  
pp. 39-50
Author(s):  
David Goodwins ◽  
Kanupriya Negi ◽  
Peter Van Diermen

Trade facilitation refers to the simplification and harmonisation of international trade procedures to assist the movement of goods. It is a key factor for international trade efficiency and the economic development of countries. It has gained world prominence and recognition under the World Trade Organization's (2015) Trade facilitation agreement. Trade facilitation obstacles are now considered bigger barriers to trade than tariffs and quotas. Developing countries are increasingly looking at trade facilitation measures to enhance administrative efficiency and effectiveness, reduce costs and time to markets, and increase predictability in global trade. But how is Australia positioned to assist countries with this transition? The Gearing up for trade evaluation assessed the effectiveness of Australia's support for trade facilitation in Asia and the Pacific, and examined whether the investments have assisted partner countries to better integrate with regional and global economies. The evaluation focussed on four major Department of Foreign Affairs and Trade (DFAT) trade facilitation investments and found that they have been effective in addressing capacity issues, encouraging pro-poor outcomes, and exemplify good global practice. To assist with future programming, the evaluation recommended some practical improvements to the DFAT program and investment managers in the use of integrated approaches, private sector engagement, gender equality and women's economic empowerment, and monitoring and evaluation.


Sign in / Sign up

Export Citation Format

Share Document