Asia-Pacific trade facilitation report 2024: promoting sustainability and resilience in global value chains
Asia-Pacific trade facilitation report 2024: promoting sustainability and resilience in global value chains
The report, based on the results from the 2023 UN Global Survey on Digital and Sustainable Trade Facilitation underscores the unwavering commitment of countries in the region to cultivate a seamless and efficient trading environment, despite these challenges. The report highlights the increasingly important role of trade facilitation in ensuring more resilient and green supply chains, and emphasizes that digitalization in trade can be effective in enhancing global supply chain resilience and sustainability. This highlights the need for region-wide initiatives, including the Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific, and similar agreements. This is the fourth progress report on trade facilitation implementation in Asia and the Pacific jointly prepared by the Asian Development Bank and the United Nations Economic and Social Commission for Asia and the Pacific.