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Digital India I India beats EU in UN survey on digital trade 2021; marks massive jump in score from 2019

Updated Jul 24, 2021 | 09:41 IST
India s score in UNESCAP s Global Survey on Digital and Sustainable Trade Facilitation saw a remarkable jump from 78.49% in 2019 to 90.32% in 2021
India beats EU in UN’s survey on digital trade 2021; marks massive jump in score from 2019 | Photo Credit: Getty
Key Highlights
india s overall score higher than many OECD countries, EU region average
India scored 90.32% in UN s Global Survey on Digital and Sustainable Trade Facilitation 2021 as compared to 78.49% in 2019
India scored better than many OECD countries such as Norway, Finland, UK and EU region average
India has scored an impressive 90.32% in United Nation’s Economic and Social Commission for Asia Pacific s (UNESCAP) latest Global Survey on Digital and Sustainable Trade Facilitation. ....

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Significant improvement in India's score in United Nation's Global Survey on Digital and Sustainable Trade Facilitation

India has scored 90.32% in United Nation s Economic and Social Commission for Asia Pacific s (UNESCAP) latest Global Survey on Digital and Sustainable Trade Facilitation. The Survey hails this as a remarkable jump from 78.49% in 2019. After evaluation of 143 economies, the 2021 Survey has highlighted India s significant improvement in the scores on all 5 key indicators, with Transparency:100% in 2021 (from 93.33% in 2019), Formalities: 95.83% in 2021 (from 87.5% in 2019), Institutional Arrangement and Cooperation: 88.89% in 2021 (from 66.67% in 2019), Paperless Trade: 96.3% in 2021 (from 81.48% in 2019) and Cross-Border Paperless Trade: 66.67% in 2021 (from 55.56% in 2019) The Survey notes that India is the best performing country when compared to South and South West Asia region (63.12%) and Asia Pacific region (65.85%). The overall score of India has also been found to be greater than many OECD countries including France, UK, Canada, Norway, Finland etc. and the overall score is ....

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Digitalizing trade in the times of coronavirus pandemic

LI MIN/CHINA DAILY
Saturday marks the entry into force of a new international agreement promoting paperless trade, reminding us, once again, of how the COVID-19 pandemic has brought digital solutions to regional development challenges into the limelight.
Paperless trade across borders has proven an effective way to mitigate trade disruptions since the pandemic broke out early last year, enabling commerce to continue in spite of limiting physical contact. Yet despite the increasing acceptance of electronic documents across borders, implementation of cross-border paperless trade remains low according to the United Nations Global Survey on Digital and Sustainable Trade Facilitation for Asia and the Pacific. ....

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Modernizing the IT landscape: a Vital Long-term Challenge for Global Companies

Modernizing the IT landscape: a Vital Long-term Challenge for Global Companies
Pablo Ciano, CIO, DHL Express Americas
Pablo Ciano, CIO, DHL Express Americas
An important task at global companies like DHL Express, a key business unit of Deutsche Post DHL, is the modernization of the organization’s IT landscape – migrating from legacy silo applications to a service-oriented architecture.
It is a vital transformation, but its magnitude and complexities are not fully appreciated for those outside of the IT function.
This is a significant undertaking in terms of time and personnel for a large international enterprise since it not only involves information systems but also aligning the underlying processes. Like other large firms, over time we absorbed many different companies with different systems, while our own units in different countries developed their own systems. ....

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Analysis: The impact of the UNESCAP agreement on cross-border paperless trade

On February 20, the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific (CPTA) comes into force.
The agreement aims to promote cross-border paperless trade by enabling the exchange and mutual recognition of trade-related data and documents in electronic form and facilitating interoperability among national and subregional single windows or other paperless trade systems. Over 30 countries were involved in finalising the treaty text, which has since been ratified by Azerbaijan, Bangladesh, China, Iran and the Philippines, and signed by Armenia and Cambodia.
Yann Duval, chief of the trade policy and facilitation section at UNESCAP, explains to ....

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