Global trade is at the cusp of a digital revolution. Entering force in September 2023, the UK’s Electronic Trade Documents Act gave digital versions of key trade documents, such as Bills of Lading, the same legal footing as paper equivalents for the first time.
This ground-breaking regulation, which is already influencing trade rules globally, is paving the way for the greater digitalisation of supply chain and cross border processes.
Research from the International Chamber of Commerce found that innovations in this field this could result in a “15% increase in profitability and an 18% reduction in shipping costs”.
In a free webinar hosted by the Chartered Institute of Export & International Trade, in partnership with Boex, we will give an overview of the scale of opportunity in trade digitalisation, while giving examples of innovative solutions that are already enabling more efficient and secure trade.
It will cover:
- The scale of the opportunity created by the Electronic Trade Documents Act
- Solutions for digitising key trade documents such as Bills of Exchange
- Examples of end-to-end supply chain digitalisation solutions – including Dokit
- How industry innovations are creating new digital trade corridors between countries – including case studies of trials for UK-Kenya and UK-EU corridors