The Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific (CPTA), a UN treaty deposited with the Secretary General of the United Nations in New York, entered into force in February 2021. CPTA will complement the trade facilitation agreement (TFA) under the auspices of WTO, accelerate digital trade and bring substantial economic and social benefits to the countries in the region.
The ASEAN Work Plan for Implementation of ASEAN E-Commerce Agreement indicates that “a coordinated effort for AMS to accede to the UNESCAP Framework Agreement will send a strong global signal of ASEAN’s intention to accelerate paperless trade.”
This meeting aims to discuss the potential benefits for AMS to join the Framework Agreement. Furthermore, regardless of whether a country is a party to CPTA, readiness assessments should be conducted to identify legal and technical gaps for cross-border paperless trade.
This meeting will be action oriented. It will discuss the possible actions the AMS can take in order to accede to CPTA, as well as the possible measures the AMS can take to carry out the readiness assessment in these AMS which have not conducted such assessment.