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Developing a Digital Trade Facilitation Framework for the G20

Debdeep De (PricewaterhouseCoopers Private Limited), Salahuddin Ayyub (PricewaterhouseCoopers Private Limited), Sayandeep Chattopadhayay (PricewaterhouseCoopers Private Limited)
This Policy Brief was first published in https://t20ind.org

Abstract

The G20 has promoted trade and cross-border investments since its inception. To improve the trade environment within the grouping’s diverse member countries, there is a need to address the higher costs incurred by the various trading communities by encouraging the use of data-driven digital trade measures. Certain common challenges must be redressed, including compliance issues, enabling hard and soft infrastructure, using automated technologies for behind-the-border facilities and procedures, and using advanced trading and logistical applications. This policy brief proposes a strategic trade facilitation framework to help medium and small exporters engage more meaningfully in trade by becoming more competitive in international markets. The framework adopts a holistic approach, whereby trade facilitation is concentrated on the time, cost, and reliability of processing trade movements on behalf of stakeholders.

Authors

Debdeep De (PricewaterhouseCoopers Private Limited), Salahuddin Ayyub (PricewaterhouseCoopers Private Limited), Sayandeep Chattopadhayay (PricewaterhouseCoopers Private Limited)

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