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Why Global Trade Is Ripe for Change

Recent global stresses have exposed the cracks in the world’s trade system, and some argue that it has become more destructive than beneficial. Trade is crucial, especially for developing economies. Global trade should be reviewed and revamped for the good of all through digitalization, mainstreaming green trade and greater transparency.
Steven Beck Chain Finance Program United Nations Commission On International Trade Law Mckinsey Company Digital Standards Initiative Asian Development Bank

Singapore's Electronic Transactions Act Expanded to Include Transferable Instruments | Jones Day

In Short The Situation: On 1 February 2021, Parliament passed the Electronic Transactions (Amendment) Bill (Bill No. 1/2021) ("Bill"). The Bill enables the creation and use of electronic transferable records ("ETRs") and expands the scope of electronic instruments afforded legal recognition under the Electronic Transactions Act (Chapter 88) ("ETA") to various trade documents including negotiable instruments, bills of exchange, promissory notes, bills of ladings and other transferable documents ...
United Nations Commission On International Trade Law Transferable Instruments United Nations Commission International Trade Law Model Law Electronic Transferable

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