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The shift towards the digital exchange of trade data and documents can improve efficiency, reduce costs, enhance transparency, and enable better accessibility to and analysis of data. Furthermore, it has the potential to foster greener and more inclusive trade. Yet, efforts to digitalize data and…
The ongoing repercussions of the COVID-19 pandemic, geopolitical instability, and elevated inflation rates continue to pose challenges to global trade, with the World Trade Organization (WTO)'s trade growth forecast now estimated at only 0.8% this year.
As the global trade landscape grapples…
In today's data-driven world, organizations face the challenge of efficiently integrating and making sense of vast amounts of diverse data. Semantics and semantic interoperability provide a solution by enabling the meaningful interpretation and integration of data across heterogeneous systems. To…
The COVID-19 pandemic restrictions have brought the benefits of paperless trading to the forefront of attention. Many countries are considering issuing, accepting and exchanging electronic documents for paperless trading. Issues related to paperless trading are also at the core of World Trade…