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Developing a Digital Trade Facilitation Framework for the G20

Policy Brief Debdeep De, Salahuddin Ayyub, Sayandeep Chattopadhayay

This Policy Brief was first published in https://t20ind.org

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.