Paperless trade

• Paperless trade worth between 20-50% in incremental GDP growth over next 20 years for emerging markets according to WTO

• Lots of progress over past 2 decades with many elements of trade being digitised • New enabling technologies leading to faster digitization such as DLT, cloud, API’s • Connecting digital platforms remains a challenge across issues such as legal,

liability, technology and information security -> no standard • Future for digital trade positive as governments increasingly focus on trade

facilitation and corporates on cost reduction to remain competitive

Paperless trade key messages