Webinar on Mongolia’s Accession to the UN Convention on the Use of Electronic Communications in International Contracts
The 2019 UN Global Survey on Digital and Sustainable Trade Facilitation shows that Mongolia has progressed in its implementation of trade facilitation measures, in line with the WTO Trade Facilitation Agreement and the ESCAP-facilitated Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific. Progress notwithstanding, outstanding issues and challenges remain to be addressed towards further reducing trade costs. This is an important consideration for Mongolia, a landlocked transit country, seeking to broaden and deepen its trade linkages so as to fully benefit from the country’s participation in regional and global value chains.
A legal environment that facilitates seamless processes for domestic and cross-border trade is an important element in reducing trade costs. On 15 May 2020, the Parliament of Mongolia has passed legislation to accede to the UN Convention on the Use of Electronic Communications in International Contracts (ECC). Building on the momentum of recent developments, there is opportunity to actively engage relevant stakeholders in Mongolia to deepen their understanding on ECC.
To this end, the webinar jointly organized by ESCAP East and North-East Asia Office and UNCITRAL RCAP and in cooperation with the Communications and Information Technology Authority (CITA) of Mongolia aims to:
a. familiarize business and legal sectors in Mongolia with the scope, objectives, and main provisions of the ECC, highlighting the benefits associated with the adoption and use of the ECC; and
b. discuss the impact of the ECC on the Mongolian law of electronic transactions, including on the use of electronic signatures.
To the extent possible, it is also envisaged that the webinar’s discussions will help identify knowledge gaps/skills needs which could inform possible follow-up capacity building activities going forward.
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