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Utilizing Digital Technology in the Field of Trade Facilitation under the Current COVID-19 Pandemic and Beyond: Beyond Practices Sharing Workshops

Cover_221_CTI_Utilizing Digital Technology in the Field of Trade Facilitation
Published Date December 2021
Type of Publication Proceedings
Publication Under Committee on Trade and Investment (CTI)
Accessed 424
Pages 41
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Description

This report summarizes the content and key findings from the workshop series. Between May and September 2021, APEC invited experts from the government, the private sector, and academia to offer their informed insights on a variety of topics relating to how digital technologies can help foster trade throughout and beyond the COVID-19 pandemic.

Throughout the series, speakers emphasized the significant benefits that digital technologies, such as trade and e-commerce platforms, can provide for businesses and economies. Key to the success of these systems is cross-border interoperability, which depends on commitments from governments and other stakeholders to pursue collaborations. Cybersecurity risks and concerns must be overcome for digital technology adoption to reach its potential in the trade sector. The same goes for factors that stand in the way of inclusivity and fair competition.