17 Aug 2023
Leveraging Electronic Documents for Sustainable Agricultural Trade
Digital technology can provide much needed answers to questions surrounding technical barriers to trade and capacity of small businesses to navigate stringent requirements. But the shift toward cross-border paperless trade is laden with obstacles on legality and standardization. The global agricultural trade, with its diverse and unique set of challenges, is a prime example.
White paper by Craig Atkinson, WTI Non-Resident Fellow and Research Affiliate at Singapore Management University Centre for AI and Data Governance/Centre for Computational Law, published on August 15, 2023 by the Hinrich Foundation (open access).
For trade in general, electronic documents are a ‘game changer’ for businesses of all sizes. More specifically for agricultural trade, electronic certificates present a new basis for enterprises to adhere to rigorous health and safety demands while fostering trust and transparency with governments. This reality is taking hold, but there remains four billion physical sheets of trade documentation circulating worldwide that cause delays and waste of agricultural products in an already-weakened global food system.
In this paper, trade development specialist Craig Atkinson lays out the constraints governments and traders face in adopting electronic documentation. Understanding how to move forward hinges on knowing the differences between the digitization of trade documents and unlocking their potential through new digital infrastructure and tools. Looking at existing benchmarks can help to overcome impediments to these efforts, Atkinson writes. A more sustainable future for agri-trade requires stakeholders from international standards bodies, governments, and the private sector to establish aligned measures for issuing, accepting, and using electronic certification.