Australia lags on trade digitisation | Global Trade Review (GTR)
Australia is in danger of being left behind on digitising trade finance as industry calls for a legal overhaul are hampered by government efforts described as muddled and lacking direction. The coronavirus pandemic accelerated interest in digital solutions designed to replace the trade and shipping industries’ long reliance on paper-based documentation, but there is little sign of progress in Australia despite years of lobbying by figures in the trade sector. “We’ve tried to inject positive support for reform over a long period of time, and we’re still waiting for that to happen...
Source: gtreview.com