The Cloud Signature Consortium welcomes changes to the eIDASRegulation that pave the way for a new and ambitious European digitalidentity framework. At its core is the European digital identity wallet.This will provide EU citizens and residents with a secure and convenient formof digital identification to access public and private sector services throughoutthe entire EU bloc.… Read more
The African Continental Free Trade Area (AfCFTA) is flagship project of the African Union’s Agenda 2063, a blueprint for attaining inclusive and sustainable development across the continent over the next 50 years. It aims to boost intra-African trade by providing a comprehensive and mutually beneficial trade agreement among the State Parties covering trade in goods and… Read more
For the past few years, work has been underway to harness emerging technologies such as blockchain, smart contracts, the Internet of Things (IoT) and Artificial Intelligence (AI) within the insurance industry. The technologies can be harnessed to digitalise cargo insurance documentation. However, one of the barriers to adopting and using digital alternatives is the legal… Read more
The following communication, dated 26 July 2024 is being circulated at the request of Australia, Japan and Singapore as Co-Convenors on behalf of the participants of the Joint Statement Initiative on Electronic Commerce. We recognise the importance of global electronic commerce and the opportunities it creates for inclusive trade and development, and the important role… Read more
Deep-tier supply chain finance (DTSCF) not only unlocks finance at favorable rates for deeper tiers in a supply chain, but it promotes an ecosystem of financial stability, risk management, and sustainability throughout the entire supply chain. DTSCF has the potential to reshape and strengthen traditional relationships by fostering more resilient; transparent; and environmental, social, and… Read more
Within international trade, transferable documents allow to request delivery of goods and payment based on possession of the document. Yet, it has been difficult to reproduce the notion of possession, which has to do with control over tangible goods, in an electronic environment. In order to address that situation, the adoption in 2017 by the… Read more
Trade digitalisation is the improvement or enabling of processes through leveraging digital technologies and digitised data. In the context of international trade, this involves the digitalisation of trade-related information flows. Digitalisation will enable the exchange of trade-related data, documents, and electronic authorisations between parties in the supply chain. Trade digitalisation is attracting greater policy attention… Read more
Regulation (EU) 2024/903, known as the Interoperable Europe Act, aims to establish a framework for achieving a high level of public sector interoperability across the European Union. Adopted on March 13, 2024, the regulation focuses on enhancing the efficiency and coordination of public services within the EU by standardizing technical, legal, and organizational aspects of… Read more
This report explores the impact of the eIDAS revision (eIDAS2) and the evolving EU Digital Identity landscape on data spaces. It emphasises the critical role of digital identity as a fundamental building block for data spaces, analysing how eIDAS regulations, both current and revised, offer opportunities for enhancing digital identity procedures in data spaces. The… Read more
Recognizing the historical importance of digital technologies and noting the importance of digital transformation for enhancing the integration of landlocked developing countries in the global economy, creating new opportunities for trade and transport to reap the full benefits of green and sustainable economic development, Confirming the conclusions of the 70th session of the United Nations… Read more