Latest news
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Dutch Government Introduces MLETR-Lite Digital Trade Bill to Recognise Electronic Bills of Lading
In a significant move towards the digitalisation of trade, the Dutch government has introduced a draft bill in the lower house of parliament to grant electronic bills of lading (eBLs)… Read more
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APEC Trade Ministers Conclude 2025 Meeting with Key Commitments
The 2025 APEC Ministers Responsible for Trade Meeting concluded in Jeju, Republic of Korea, on May 16, 2025, with a joint statement outlining significant decisions aimed at fostering regional economic… Read more
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Digital Economy Agreements in Asia and the Pacific: Strategic Insights and Emerging Trends
The Asian Development Bank (ADB) publication “Digital Economy Agreements in Asia and the Pacific” explores how countries across the region are navigating the rapid transformation of trade in the digital… Read more
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Gap Analysis of Cyberlaws in Pacific Small Island Developing States
The Gap Analysis of Cyberlaws in Pacific Small Island Developing States report by the United Nations Conference on Trade and Development (UNCTAD) is an extensive document that assesses the state… Read more
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Trade Finance in Central America and Mexico: Challenges and Opportunities
On base report “Trade Finance in Central America and Mexico” trade finance plays a crucial role in facilitating the smooth flow of goods and services across borders. In Central America… Read more
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Leading the Development of International Rules for the Digital Economy
On April 27, the National Internet Information Office released the “China Network Rule of Law Development Report (2024)”, the first comprehensive annual report on network rule of law at the… Read more
Interesting videos
SOURCE: ODI GLOBAL
Developments in the implementation of the AfCFTA Digital Trade Protocol
SOURCE: ESCAP
Trustless Cross-border Data Validation: The Role of Verifiable Credentials and APIs
SOURCE: TRADE POLICY RESEARCH FORUM
Digital Trade and Development
Digitalising Trade Finance for Europe’s Future
Shared podcast discusses a European initiative to accelerate the digitalisation of trade finance, focusing on the challenges faced by small and medium-sized enterprises due to the significant financial gap in the current system. It highlights the benefits of digitalisation, such as reduced errors, increased efficiency, and enhanced security.
The discussion emphasizes the need for legal harmonization and international standards, supported by the new European Union eIDAS 2.0 regulation and recent French law adopting UNCITRAL’s Model Law on Electronic Transferable Records (MLETR).
The role of a European Union Trade Services Governance
Ensure the existence of secure technological solutions accessible to the whole ecosystem, especially banks and businesses.
Foster the European TradeTech ecosystem, the solutions of which are often mature and can help achieve the goals of the reform.
Support the creation of a conducive framework for digitalisation of international trade documents at European Union level, notably when it comes to certification and management of open and interoperable ledgers.
Ensure that technical standards and requirements are clear and normative, as with PSD3 / PSR on payments, eIDAS 2 on digital identity and trust services, or e-FTI on electronic information on the transport of goods.
Technology and EU Legislation
eFTI Regulation
Digitalising the exchange of freight-related information between businesses and public authorities. It focuses on making data sharing more efficient, reducing paperwork, and improving communication in the transport and logistics sectors.
[Read more]
eIDAS 2.0 Regulation
The regulation introduces a European Digital Identity (EUDI), allowing EU citizens, residents, and businesses to have a secure and universally accepted digital identity. This can be used for identification and authentication in a range of services, such as trade, banking, healthcare, education, and more.
[Read more]
PSD3 & PSR Regulation
The third Payment Services Directive (PSD3) and the Payment Services Regulation (PSR) are new proposals from the European Commission that significantly alter the European payments market framework. These changes will affect banks, fintechs, payment service providers, and customers both legally and operationally.
[Read more]
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