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Digital Trade Hub of Azerbaijan and Asan Imza presented at UN meeting in Bangkok

Digital Trade Hub of Azerbaijan and Asan Imza presented at UN meeting

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) held the 7th meeting of Legal and Technical Working Groups of the Interim Intergovernmental Steering Group on Cross-border Paperless Trade Facilitation in Bangkok, Thailand.

Report, citing AzerTag, says that under the 2030 Agenda for Sustainable Development, the countries located in the Asia-Pacific region are determined to make international trade procedures more proficient and comprehensive. The adoption of the Framework Agreement on Facilitation of Cross-Border Paperless trade in the Asia-Pacific region as a United Nations treaty organizes the way for the region to speed up progress in this area, by digitalizing trade procedures.

Cross-border trade digitalization is a crucial instrument for expanding trade competitiveness and addressing upcoming challenges, such as the surge in small shipments associated with cross-border e-commerce and the growth of the digital economy. According to the estimates, the usage of paperless trade could diminish the international trade costs by 25%, which saves approximately $600 billion to the region annually. As practice shows, though some countries digitalize most trade procedures at the national level, the paper is still required because acceptable locally electronic data and documents aren't recognized in other countries. To respond to these requirements, a group of more than 25 Asia-Pacific economies operated together to develop a Framework Agreement on the facilitation of Cross-Border Paperless Trade in Asia and the Pacific. The working groups jointly discussed the following supporting key documents: Legal and technical readiness assessment checklists, designing a national policy framework, developing an individual action plan, capacity building strategy, and mutual recognition mechanism. On the last day of the meeting, the working groups convened together to review progress during the session and shared thoughts about issues where they can seek coordination with each other.

As a member and expert of the Working Groups, Jana Krimpe, the CEO and Founder of B.EST Solutions Company, the operator of Asan Imza and the Partner of the Digital Trade Hub of Azerbaijan (DTH), spoke on the implementation of DTH as the best practice. Mrs. Krimpe emphasized the significance of this project not only in the region but also at the global level and informed the working groups about the launch of the DTH portal with outcomes and progresses for the last year. She also said the DTH development would continuously strengthen the position of Azerbaijan as a center of digital trade in the region, enlarge the use of digital technologies in the social, economic, and financial sectors. According to her, it will also digitalize existing services and provide innovative services to expedite access to electronic services.

Mrs. Krimpe also informed about the considerable work implemented by the State Customs Committee of Azerbaijan and other public and private institutions. She said the actions were performed to achieve a high position in the 2nd UN Global Survey on Trade Facilitation and Paperless Trade Implementation, which covers 120 countries and 47 measures related to the WTO's Trade Facilitation Agreement (TFA), paperless trade, and inclusive development. Based on the report of 2019 on Digital and Sustainable Trade Facilitation in SPECA, Jana Krimpe said: "Azerbaijan achieves high implementation rates of over 80%. Compared to the regional average, Kazakhstan and Uzbekistan have implementation rates, standing at 67% and 62% respectively. We want to share our best practices and to achieve the best results in paperless trade globally. I want to mention the huge impact done by Mr. Igbal Babayev as the official representative of Azerbaijan in ESCAP. All together, we will do our best to get the highest position in the UN Global Survey and to become the global Digital Hub implementing the latest innovations and best practices based on Public-Private-Partnership."

It is worth to mention that strengthening the process of providing cross-border electronic services within the framework of the project with relevant legislation would open great opportunities for Azerbaijan in the future. The implementation of innovative mobile identity (Asan Imza) technology in Azerbaijan is added into the best practices of numerous reports of international organizations as a tool to ensure the transparency of service delivery to population, accessibility, and inclusivity.

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