Digitizing trade in the new normal


Digitizing trade in the new normal

03 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: 
Date Session / Activity Presentation Material Speaker(s)
03 Aug 2021 16th PACER Dialogue – Overview and Objectives Ramesh Subramaniam Director General, Southeast Asia Department, Asian Development Bank
03 Aug 2021 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
03 Aug 2021 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
03 Aug 2021 Panel of Experts Inputs/Reactions Trade Digitalization-TradeTrust
Presentation on the experience of Singapore in trade digitalization.
Sin Yong Loh
03 Aug 2021 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
03 Aug 2021 Open Discussion and Fielding of Questions Ramesh Subramaniam (Moderator)
03 Aug 2021 Synthesis and Summary Ramesh Subramaniam, Director General, SERD, ADB


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