Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific

Pacific Regional

About the Program

The Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific, a UN treaty deposited with the Secretary General of the United Nations in New York, aims at accelerating the implementation of digital trade facilitation measures for trade and development. Designed as an inclusive instrument accessible to countries at all levels of development to develop their capacity to engage in cross-border paperless trade, the final treaty text was adopted by the Economic and Social Commission for Asia and the Pacific in May 2016. Trade cost reductions expected from full implementation of cross-border paperless trade are estimated at 10-30% of existing transactions costs, depending on the current state of paperless trade development in the participating countries. Significant benefits in terms of trade compliance are also expected.

The Agreement entered into force on 20 February 2021 – as stated in Article 19 of the Agreement, it entered into force 90 days after the date on which the Governments of at least 5 ESCAP member States have deposited their instruments of ratification or accession. Azerbaijan acceded in March 2018 and the Philippines acceded in December 2019. Islamic Republic of Iran ratified in May 2020, Bangladesh ratified in October 2020 and China, as the 5th country, ratified in November 2020. Timor-Leste, Turkmenistan, Mongolia, Republic of Korea, Tajikistan, and Tuvalu acceded in 2022. The Russian Federation acceded in 2023. Several other ESCAP member States are in the process of completing their domestic processes for accession.

Start and End Date

May
2016
-
Not Available

Geographical Focus

Pacific Regional

Main Beneficiary

Government and Private Sector

Status

Active

Donors

China, Republic of Korea, Enhanced Integrated Framework

Implementing Agency

Contact Person

Yann Duval
Chief, Trade Policy and Facilitation Section

Policy Area

PA3. Trade Logistics and Trade Facilitation

Strategic Output

  • 3.1. Trade procedures relevant to cross-border E-commerce are digitized and harmonized across FICs

SDGs

Individual Projects Under the Program

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