Digitizing trade in the new normal 3 August 2021 The 16th Policy Actions for COVID-19 Economic Recovery (PACER) Dialogue on “Digitizing trade in the new normal” discussed benefits of trade digitization and sustaining supply chains in the new normal. Over 100 government officials from Southeast Asia and the People’s Republic of China participated in the Dialogue, sharing country experience on digitizing trade policies and solutions taken to mitigate the negative effects of the COVID-19 pandemic and accelerate recovery and rejuvenation. The 16th PACER Dialogue aimed to: promote improved understanding of policies that can accelerate digitizing trade and sustain supply chains in the post COVID-19 new normal; disseminate global practices and lessons including adopting Model Law on Electronic Transferable Records (MLETR) to promote efficiency, consistency, and coherence in the modernization and harmonization of legislation related to electronic documentation; provide a platform for policy makers, development planners, and trade practitioners to share knowledge and experience and collaboratively learn from each other; and, call to action: encourage ASEAN member states to study the recent experience of Bahrain and Singapore in their domestic adoption of the MLETR, engage with relevant stakeholders, including industry, and ADB, and consider enabling domestic legal environment for paperless trade. Program and Learning Materials 03 August 2021 Session / Activity Title Speaker(s) 16th PACER Dialogue – Overview and Objectives Ramesh Subramaniam Director General, Southeast Asia Department, Asian Development Bank How does trade digitization support COVID-19's economic recovery? Digital Standards Initiative Presentation on how digitization of trade leads to greater efficiencies to support economies in the post-pandemic world and improve resilience of the… Oswald Kuyler Panel of Experts Inputs/Reactions Overview of the UNCITRAL Model Law on Electronic Transferable Records Presentation on the UNCITRAL Model Law on Electronic Transferable Records Luca Castellani Panel of Experts Inputs/Reactions Trade Digitalization-TradeTrust Presentation on the experience of Singapore in trade digitalization. Sin Yong Loh Panel of Experts Inputs/Reactions COVID-19 has highlighted the need for Digitizing Trade Presentation on the experience of the Thailand in digitizing trade. Kobsak Duangdee Open Discussion and Fielding of Questions Ramesh Subramaniam (Moderator) Synthesis and Summary Ramesh Subramaniam, Director General, SERD, ADB Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Jason Rush ADB Organizer/s Southeast Asia Department Read Also PACER Dialogues Main Page POLICY BRIEF - Enabling the Digital Transformation of Global Trade in the New Normal Topics Industry and Trade Governance and Public Sector Management