Customs, UN explore paperless trade

Metro Manila (CNN Philippines, May 23) — The Bureau of Customs (BOC) has begun working with the United Nations to advance the Philippines in the digital trade space.

In a statement on Tuesday, the BOC said it teamed up with the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) to gain needed insights as the country pushes for electronic exchange of trade-related data and documents.

The partnership would “expedite the implementation of digital trade facilitation measures” between ESCAP and the Philippines, according to Customs Commissioner Bienvenido Rubio.

ESCAP has 53 members, including the Philippines. It seeks to promote cooperation among the member states.

Rubio said the BOC and the UN ESCAP held a consultative session for the country’s feasibility study on digital trade facilitation.

“The feasibility study also delves into a comprehensive analysis of the technological capabilities, legal frameworks, and operational requirements necessary for the implementation of electronic trade data exchange,” he said.

“Furthermore, it aims to identify potential challenges and risks and develop effective strategies to mitigate them,” the official added.