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Digital identity plays a crucial role in fostering a secure, inclusive, and efficient digital transformation by enabling individuals and businesses to prove their identity and share verified information through digital means. The rising demand for digital services across the public and private sector, along with concerns about digital exclusion, cybersecurity… Read more
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Project Aperta: Enabling Cross-Border Data Portability Through Open Finance Interoperability
The Bank for International Settlements (BIS) is launching Project Aperta to explore how to reduce frictions and costs in global finance by enabling seamless cross-border data portability. The project aims to connect the domestic open finance infrastructures of different jurisdictions. The initial use case to be explored is in trade… Read more
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A Vision for the WTO’s Global Digital Trade Rules
At the 13th Ministerial Conference in 2024, World Trade Organization (WTO) members demonstrated their commitment to advancing digital trade rules—those which govern both the trade of digital products and the digital processes used in international trade—by calling for the revitalization of the 1998 work program on electronic commerce. That directive… Read more
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Digital Economy Partnership Agreement
The Digital Economy Partnership Agreement (DEPA) is a trade agreement focused on fostering collaboration in the digital economy. It was signed in June 2020 by Chile, New Zealand, and Singapore. DEPA aims to establish common frameworks and guidelines that promote seamless digital trade, innovation, and cooperation among member countries. Key… Read more
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Analysis: Economic Security and Digital Trade: Time for an EU-US Digital Agreement
In response to rising geopolitical tensions, both the EU and the US are increasingly restricting the cross-border flow of trade and investments. This presents a challenge to trade liberalisation efforts in general and affects digital trade in particular. This report reviews ongoing efforts to advance the integration of digital trade… Read more
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CSC White Paper – The Role of the Cloud Signature Consortium API in the New European Digital Identity Framework and Beyond
In this second paper in our two-part series, we explore the benefits of deploying the CSC API within the European digital identity framework. These benefits include interoperability between e-signing platforms and remote signature creation devices, enhanced security, ease of use, flexibility, and compliance with EU laws. The CSC API’s use… Read more
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Cross-border Multimodal Digital Corridors for Regulatory-related Movements of Consignment Data and Consignment Status Information
This white paper has been created under the purview of the UN/CEFACT cross-border management domain and focuses on improving the cross-border flow of all types of freight consignments by applying digital solutions. A digital corridor is an electronic platform that connects multiple trade ecosystems (e.g. air/ocean/land community systems or single… Read more
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Digital Horizons: Unlocking New Zealand’s Digital Trade Potential with Southeast Asia
The digital economy is growing at an unprecedented rate, accounting for nearly 16% of global GDP today, and 18% by 2028. Southeast Asia is a particular powerhouse, with the digital economy projected to exceed USD$1 trillion by 2030. Digital trade is estimated to account for around one-quarter of all crossborder… Read more
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Argentina Moves Towards the Modernisation of International Trade
By Julio Martínez, International Trade graduate, and Graciela Alvarez Agudo, lawyer.AFIP General Resolution 5581/24. AFIP General Resolution 5582/2024Customs Digitalization – Elimination of the Stamp Regime. Removal of Foreign Trade Restrictions – Criterion Values. Argentina’s Customs has been implementing greater digitalization mechanisms framed within current parameters governing foreign and international trade.… Read more
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The Potential for EBSI to be Implemented as a Verifiable, Cross-Border Credentialing Framework within Canada
Watch this interview with Prof. Alex Grech from 3CL Foundation to delve deeper into EBSI-CAN and their nine-month journey with the NGI Sargasso funding program, and learn about their valuable experiences and insights. In the Transatlantic project, the 3CL Foundation, EBSI, and Verifiable Credentialing in Canada are investigating the potential… Read more