United Kingdom - Creating Modern Digital Trade Ecosystem
ICC is calling on national governments to create a modern digital trade ecosystem by reforming laws to digitise trade documentation and align legal frameworks to the UNCITRAL Model Law on Electronic Transferrable Records (MLETR). This supports the G7 Framework for Collaboration on Electronic Transferable Records call to do the same, the work of UNCITRAL in promoting MLETR, the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). It also supports the ambition of The Commonwealth Connectivity Agenda to increase intra-Commonwealth trade to $2 trillion by 2030.
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