This report examines the progress of trade facilitation in Asia and the Pacific, highlights recent trends in paperless trade, and evaluates the impact of trade facilitation initiatives on trade costs and overall trade.
Trade facilitation plays an increasingly important role in creating sustainable and resilient supply chains amid economic uncertainty caused by inward-looking trade policies, geopolitical conflicts, and the intensifying effects of climate change. The report includes a special chapter that discusses how trade facilitation, especially through digitalization, contributes to environmentally sustainable and disruption-resilient global value chains.