WTO Members Discuss Digital Trade Tools to Facilitate Trade
World Trade Organization members at the Committee on Trade Facilitation's April 16-17 meeting discussed using digital trade tools to "optimize the movement of goods across borders in line with the committee's decision to focus on this topic in 2024," the WTO announced.
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In particular, the members discussed "using data and technology to simplify trade; promoting the implementation of the Trade Facilitation Agreement through the digital revolution and smart technologies; and digitalization of border procedures." At future committee meetings, the next to be held July 9-10, the members will discuss "formalities and documentation requirements to facilitate trade" along with "single windows," with the "aim of condensing the lessons learned by members into a tangible result at the end of the year."