Cross-Border Paperless Trade Database
Accelerating progress towards trade digitalization through knowledge sharing
Cross-Border Paperless Trade Database
Accelerating progress towards trade digitalization through knowledge sharing
Cross-Border Paperless Trade Database
Accelerating progress towards trade/ digitalization through knowledge sharing
Latest Projects
Japan-Vietnam electronic import Letter of Credit Pilot
FPI IS, FPT Japan Holdings, and TradeWaltz (Japan) conducted a proof-of-concept integrating TradeFlat as the first digital finance ecosystem in Viet Nam and TradeWaltz - Japan's leading trade information platform. The chosen document for this pilot was an import Letter of Credit (L/C).
On January 1, 2024, the ePhyto or Electronic Phytosanitary Certification between South Korea and Chile came into effect, allowing both countries to take advantage of all the benefits that the initiative entails to facilitate trade and improve plant health management.
The Ministry of Industry and Commerce (MOIC) of Lao PDR, with support from the United States Agency for International Development (USAID), launched the enhanced Electronic Certificate of Origin (e-CO) Issuing System.
Latest Services
TradeTrust was designed to address the challenges of paper-based international trade. TradeTrust, comprises globally accepted standards that allow governments and businesses to endorse, exchange and verify documents and effect title transfer across different digital platforms seamlessly.
HSBC - Contour Blockchain Platform
Using blockchain technology, the Contour platform tracks and traces information as it moves between parties. Contour’s objective is to provide a single, simplified channel to enable digitization of the trade finance process, from issuance of Letters of Credit through to the exchange of documents.
TradeSecure generates and distributes digital trade finance instruments, protecting financial supply chains from disruption and fraud and improving their cash flow. Arqit TradeSecure can secure digital negotiable instruments, including digital promissory notes and digital bills of exchange.
Acknowledgements
Maintenance of this database is supported by financial and human resources provided by the Governments of China, France and the Republic of Korea. Its launch was made possible by a project funded by the Republic of Korea entitled “Capacity Building on Trade Facilitation and the Asia-Pacific Trade Agreement (APTA) Promotion to Strengthen Intra-regional Cooperation” (Phases II and III), a project funded by China entitled “Facilitating Cross-Border Paperless Trade along the Belt and Road Initiative (BRI) Corridors for Regional Integration and Sustainable Development - Phase II”, as well as a UN Development Account project “Transport and trade connectivity in the age of pandemics: contactless, seamless and collaborative UN solutions”. The underlying content and online submission forms benefited from inputs by UNNExT experts and advisory groups, as well as reviews by the technical and legal working groups of the Interim Intergovernmental Steering Group for Cross-Border Paperless Trade Facilitation in Asia and the Pacific in 2019/2020.