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CROSS-BORDER PAPERLESS TRADE TO SPUR RECOVERY

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Business Mirror

The Covid-19 pandemic has brought into the limelight digital solutions to business challenges created by mobility restrictions. Paperless trade across borders became an effective way to mitigate disruptions, enabling commerce to continue while limiting physical contact. Cross-border paperless trade has great potential to enhance competitiveness, as it addresses new challenges associated with the rise of the digital economy. The Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific is the first multilateral agreement on cross-border paperless trade under th…

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