New UN surveys have shown that countries have registered progress in simplifying and digitalizing business processes in the age of global uncertainty.
This is the sixth version of this Global Survey that focuses on encouraging digital and sustainable trade, where data has been collected from the 160 economy. Through digitization, it is helping to carry paper -free trade.
Accordingly, the global average rate of implementation of simple trade system has been judged 722 percent, and in 2021 it was .8.5 percent.
These measures refer to the simplification of the trade process throughout the borders of the countries, bringing it quickly, and reducing prices. By this, it is confirmed that the rules are applied in such a way that the burden is not on the traders.
According to the survey, all the regions of the world have performed better since 2021, which has a leading role in the advanced economy, where these measures are 86 percent.
However, in the lowest developed countries, the landlord is lower than the world average in developing countries and small island developing countries and between 56 percent to 68 percent.
One of the main reasons for this is the lack of weak digital infrastructure and adequate legal structure in these countries, which leads to a challenge in promoting border trade and document exchange. In view of this, technical assistance and power to determine for the weak economy have been emphasized so that the business helps to take easy measures.
Lesson with effective measures
Ribaca Greenspan, general secretary of the United Nations Conference (UNCTAD) Commerce and Development, says obstacles such as the Covid -1 epidemic, Bhusi and business and negative climate effects have highlighted global trade systems.
It has increased pressure on the supply chain and also increased trade costs.
In the results of the survey published on Tuesday, 622 measures were analyzed, which is aimed at encouraging growing opportunities for small businesses and female traders such as paperless trade, border-pa-e-trade and green trade.
According to this survey, in the last two years, border-based paper-free trade has seen the most improvement. At the same time, legal structure for electronic transactions and digital verification is helping to modernize the business.
In Asia and the Pacific, it is possible to achieve progress from border-based paper-free trade structures and several regional initiatives as a continental free trade agreement in Africa.
The survey by UNCTAD is conducted once every two years with the five regional commissions of the United Nations, whose target is to highlight the current deficit in the business sector and decide the priorities.