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UN/CEFACT Single Window Conference to Address Risks to Global Trade
"Single Window is a main tool for trade facilitation and is now part of the World Trade Organization's (WTO) Trade Facilitation Agreement obligations,"
Single Window streamlines cross-border data exchange, reducing bureaucracy and making it easier for businesses to engage in international trade transactions. Exemplary solutions are not always from countries that might be expected; besides examples from the EU and the Eurasian Economic Commission, this year's Conference will showcase Single Windows from Central Asia and Africa.
UN/CEFACT, which developed its first Recommendation on Single Window over 15 years ago, is now examining how new technologies can be integrated into international trade data systems. "Our focus is developing standards that will enable private businesses to use electronic data exchanges for all supply chain processes related to international trade," said Thompson, adding that Blockchain, the Internet's highly touted new architecture for secure transactions, is a major research project now underway. Earlier this month, UN/CEFACT held a Blockchain conference as part its international experts' forum in Rome, Italy.
Lance THOMPSON, Chief UN/CEFACT Support Unit
UNECE, Trade Facilitation Section
+41 22 917 1298
Page Updated Last on: Oct 19, 2017