The B2B Cluster is currently developing the business case for paperless trade and private sector exchanges to enable digital trade across the Commonwealth.

This includes the following initiatives:

Facilitating the transition to paperless trade across the Commonwealth and establishing a Commonwealth Working Group on Legal Reform and Digitalisation:

• Making the business case and quantifying gains of up to US$1.2 trillion to Commonwealth economies by moving from paper-based to paperless trade
• Commonwealth Trade Ministers establish Working Group on Legal Reform and Digitalisation
• Working Group on Legal Reform and Digitalisation launched in Fiji

Supporting Commonwealth policymakers and private sector organisations through capacity building for advanced manufacturing:

• Manufacturers and policymakers in Mauritius benefit from training in advanced manufacturing

Connectivity Agenda   View all clusters

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In 2022 we released the report Quantitative Analysis of the Move to Paperless Trade, which attempts to quantify the potential impact of legal reform to enable the use of the so-called “transferable records” on Commonwealth trade.

There are clear economic and political imperatives to accelerating digital trade facilitation and legal reform for digitalisation, with potential total benefits of nearly US$1.2 trillion to Commonwealth trade by 2026.

Our new research covers 54 diverse Commonwealth economies and presents a picture of the potential for cost reductions and trade increases as a result of the introduction of legal reform, to enable the use of electronic transferable records across the Commonwealth.

Explore the report