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According to the 2023 Global Circularity Gap Report by the Circle Economy Foundation, transitioning to a circular economy will allow us to fulfil people's needs with only 70% of the materials we currently extract and use. The benefits of the circular economy are tremendous, as it not only addresses…
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…
Decades of unsustainable consumption and production patterns have resulted in the exhaustion of finite resources and environmental degradation. As governments reassess scenarios, the circular economy model - where resources are reused, recycled, and repurposed to reduce waste - has become a pillar…
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 transition from linear to circular economies requires fundamental rethinking of trade policies and regulations. “Harmonized System” codes (HS codes) are a key pillar of the tariff infrastructure for international trade. These HS codes were designed at a time when circular economy considerations…
June 2022 has been the month of trade discussions in Geneva, first with the World Trade Organization’s (WTO) 12th Ministerial Conference (MC12) and then UNEC’s Steering Committee on Trade Capacity and Standards (SCTCS). Both looked in detail at responses to the ongoing impact of COVID-19, both…
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…