Trade digitalization, also sometimes referred to as digital trade facilitation or paperless trade, has been increasing recognized as a key element of trade and development policies geared to achieving the sustainable development goals. Digitalization of trade and supply chains is essential to enabling more inclusive trade, enhancing digital connectivity between countries, as well as facilitating control of the quality of goods traded and reducing CO2 emissions associated with trade transactions. In this context, this event will introduce the UN Trade Digitalization Index (TDI), a joint effort of the five UN regional commissions (ECA, ECE, ECLAC, ESCAP, ESCWA) and UNCTAD, coordinated by ESCAP. The TDI measures the extent to which trade digitalization has progressed in over 160 countries and provide a new basis for evidence-based policy making in this important area. Based on the TDI, speakers in the session will discuss how trade digitalization may be best integrated in broader digital transformation and connectivity plans.
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This event is a part of Global Review of Aid for Trade 2024 organized by WTO.