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International trade still runs on paper. From bills of lading to customs declarations, stacks of documents follow goods as they move across borders. Despite the digital revolution, the majority of these processes remain analogue, slow, and expensive. The latest OECD Trade Policy Paper – The Digitalisation of Trade Documents and… Read more
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The Economic Commission for Latin America and the Caribbean (ECLAC) recently published a study titled “The Potential Use of Blockchain in International Trade and its Facilitation” (International Trade Series No. 188, 2025). The report highlights how blockchain technology can reshape cross-border trade by fostering transparency, traceability, and efficiency in global… Read more
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The European Union’s Global Gateway (GG) has been presented as the Union’s flagship initiative to mobilise up to €300 billion in sustainable infrastructure and connectivity investment worldwide between 2021 and 2027. More than four years into its implementation, however, the strategy still faces the challenge of moving from political ambition… Read more
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The recently published report Ten Wins for Trade 2025 highlights ten concrete ways in which international trade has delivered prosperity, growth, and improved livelihoods worldwide. Among these achievements, one of the most transformative—and increasingly urgent—is the shift towards digital and paperless trade. From Burden to Breakthrough For decades, trade transactions… Read more
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Thailand stands at a pivotal moment in its digital transformation journey. With ambitions to reach high-income status by 2027, the country views the digital economy as a critical driver of growth and resilience. Within this broader ambition, digital trade—the exchange of goods and services enabled by cross-border data flows—has emerged… Read more
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India’s Landmark Maritime Overhaul: Understanding the Merchant Shipping Act, 2025
India has entered a new era of maritime governance with the enactment of the Merchant Shipping Act, 2025, which received the assent of the President on 18 August 2025. This legislation marks a turning point for the country’s shipping and trade sectors, as it replaces the Merchant Shipping Act of… Read more
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France Becomes First European Union Country to Fully Embrace Digital Trade Instruments
Paris, August 14, 2025 – France has taken a historic leap into the digital age of global trade. With the publication of Decree No. 2025-811 in the Journal Officiel, the country has fully transposed the UNCITRAL Model Law on Electronic Transferable Records (MLETR) into its national legal framework. The reform,… Read more
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The APAC State of Open Banking and Open Finance (2025): Landscape, Progress, and Regional Insights
The 2025 report titled “The APAC State of Open Banking and Open Finance”, jointly developed by the Cambridge Centre for Alternative Finance (CCAF) and the Asian Development Bank Institute (ADBI), offers a detailed and comprehensive assessment of how Open Banking and Open Finance (OBOF) are evolving across the Asia-Pacific (APAC)… Read more
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Building Europe’s Digital Trade Future: DigitalTrade4.EU’s Vision for eFTI and Beyond
The DigitalTrade4.EU consortium has issued a comprehensive proposal aimed at shaping the future of digital trade in Europe. At the core of its recommendations is the belief that a fully digital, interoperable, and secure Single Market is not only essential for economic growth but also critical for Europe’s defence resilience… Read more
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EU Businesses Scramble to Recalibrate Supply Chains Amid Global Trade Turmoil
Brussels, June 27, 2025 – Faced with rising global trade tensions and escalating geopolitical uncertainty, European Union businesses are scrambling to adapt their supply chains, according to a new report from the European Investment Bank (EIB) released today. The report, “Shock Waves from Turbulent Times: How EU Businesses Recalibrate Supply… Read more