MLETR

  • Publication: Electronic Signatures: Enabling Trusted Digital Transformation

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    Trust lies at the foundation of all commercial and administrative transactions, which for centuries have relied upon the handwritten signature for authentication. As transactions are digitalized, the signatures that provide trust in them must also become electronic. The lack of trusted and legally recognized means of authenticating electronic transactions has forced a continued reliance on… Read more

  • The State of the Industry Report 2024 – Insights on Digital Evolution in Container Shipping

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    Discover ‘The State of the Industry 2024 – Insights on Digital Evolution in Container Shipping’ report, a milestone in the industry’s digital transformation journey. This comprehensive study explores the progress made, the challenges faced, and the role of standards in driving change. Through insights from 400 senior decision-makers and 35 in-depth interviews, the report provides a… Read more

  • Consultation to Inform Options for Implementing the Model Law on Electronic Transferable Records in Australia

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    Australian Government undertaking a public consultation to advise on options for implementing legislation aligned with the Model Law on Electronic Transferable Records (MLETR). The MLETR is a model law developed by the UN Commission on International Trade Law (UNCITRAL). It contains a set of provisions which, if adopted into domestic law, would confirm that transferable… Read more

  • UK – Southeast Asia Trade Digitalisation Pilots

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    The UK – Southeast Asia Trade Digitalisation Pilots (TDP) is a public-private funded project that has facilitated digitalised shipments between the UK, Singapore, and Thailand. The UK government appointed the British Chamber of Commerce Singapore, with support and co-funding from industry partner LogChain, to deliver the project. The TDP builds on the success of the first… Read more

  • The EU Digital Identity Wallet: a New Tool for Remote Signing with Qualified Electronic Signatures

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    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

  • Key Trade Documents and Data Elements on the Frontlines

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    The Digital Standards Initiative (DSI) of the International Chamber of Commerce (ICC) is on a mission to digitalise global trade by addressing some of the biggest challenges facing governments, businesses and people today. Among the four challenges1we have identified, perhaps the steepest one is around standards for interoperability. With hundreds of electronic and digital standards… Read more

  • Achieving Growth Through Trade Digitalisation

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    With trade in goods valued at £1.7 trillion and services valued at £896 billion, trade matters to the economy. The UK has a unique opportunity to drive economic growth and improve productivity, by digitalising international trade, reducing bureaucracy, and leveraging the Electronic Trade Documents Act 2023 (ETDA). As the first G7 economy to remove legal… Read more

  • EU and China launch Cross-Border Data Flow Communication Mechanism

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    On 27 August, the EU and China launched the first discussions under the new Cross-Border Data Flow Communication Mechanism.   Sabine Weyand, director-general of DG Trade at the European Commission, met with Vice-Minister Wang Jingtao of the Cyberspace Administration of China to formally launch the new mechanism.  The mechanism will focus on practical solutions to address problems… Read more

  • CBP Champions Trade Modernization Through Global Interoperability Standards Testing

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    U.S. Customs and Border Protection (CBP) announced the agency’s 2024-2025 plan to accelerate testing and adoption of global interoperability standards, kicking off a new testing phase for innovative trade technology. The agency will work with private and public sector partners during the 2024 testing phase this fall, leading up to international testing in 2025. Interoperability… Read more

  • The Use of Insurance Documents in International Trade – Enabling Digitalisation

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    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