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Inside UNCITRAL’s Push for Digital Payments and Paperless Trade
As global trade becomes increasingly digital, legal systems are racing to keep up. Payments are faster, documents are electronic, and supply chains span jurisdictions with very different rules. Against this backdrop, the United Nations Commission on International Trade Law (UNCITRAL) has quietly launched a set of processes that could shape… Read more
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To Policy Makers: Governing Distributed Ledger Technology in Trade
Digital trade is evolving rapidly, and Distributed Ledger Technology (DLT) is increasingly presented as a solution for improving transparency, efficiency, and trust in commercial transactions. From trade documents and supply chains to payments and digital assets, DLT is often promoted as a transformative infrastructure for modern trade systems. However, technology… Read more
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United Nations Adopts New Convention Enabling Digital and Flexible Use of Cargo Documents
In December 2025, the United Nations General Assembly adopted the United Nations Convention on Negotiable Cargo Documents (NCDs), developed under the auspices of UNCITRAL and finalized in July 2025. The Convention represents a significant step forward in simplifying and digitalising international trade by extending the use of negotiable transport documents… Read more
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A New Framework for Digital Trade: The Digital Trade Promotion Act of 2025
The Digital Trade Promotion Act of 2025, currently under consideration in the United States Congress, establishes a comprehensive legal framework authorizing the President to negotiate and conclude standalone digital trade agreements with trusted partners. The bill reflects a clear strategic objective: to shape global digital economy rules, strengthen U.S. competitiveness,… Read more
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India Introduces the 2025 Digital Personal Data Protection Rules: A New Era for Data Governance
India has formally adopted the Digital Personal Data Protection (DPDP) Rules, 2025, a comprehensive set of regulations implementing the Digital Personal Data Protection Act, 2023. The rules mark a significant transformation of India’s digital governance framework, establishing detailed procedures for consent, data retention, breach notification, children’s data protections, and the… Read more
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Next-Generation Trade Corridors: How Digital Trade Superhighways Are Taking Shape
The global trading system stands at a crossroads. The International Chamber of Commerce (ICC United Kingdom) has published its 2025 report “Next-generation trade corridors — Building digital trade superhighways”, calling on governments and businesses to modernise the world’s trade corridors, making them faster, cheaper, and more sustainable. The report outlines… Read more
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The Real Barrier to Digital Trade Is Not Technology — It’s Trust
In 2025, most international trade flows still rely on paper documents, even though the technological and legal solutions for paperless trade already exist. The real barrier is no longer technology — it is trust and coordinated implementation. Digital trade facilitation is rapidly becoming one of the most important directions of… Read more
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Thailand Adopts Paperless Trade Treaty – A New Step in Regional Digitalization
Bangkok, 17 October 2025 — Thailand has officially deposited its instrument of accession to the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific (CPTA) with the United Nations. The Agreement will enter into force for Thailand on 15 January 2026, marking a major milestone in… Read more
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Global E-Commerce Agreement Could Add Up to USD 8.7 Trillion to the World Economy
Digital trade has grown nearly twice as fast as goods trade over the past decade and is becoming a key driver of global growth. This conclusion comes from a WTO Staff Working Paper titled “Great Expectations: Quantifying the Potential Economic Impact of the WTO Agreement on E-Commerce” (ERSD-2025-06, authored by… Read more
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The MLETR and the Dutch Bill No. 36 743: A Step Toward Digital Trade
The Dutch government has introduced Bill No. 36 743, amending Book 8 of the Dutch Civil Code (Burgerlijk Wetboek) to recognize the use of an electronic bill of lading (elektronisch cognossement) in maritime transport. The aim is to align Dutch law with the UNCITRAL Model Law on Electronic Transferable Records… Read more
