ICC chief calls for digitisation of trade papers for ease of access - The Economic Times
Digitizing international trade documents is crucial for easier global commerce and wider business access, according to ICC chairperson Harsh Pati Singhania. He highlighted that 80-90% of trade paperwork remains paper-based, hindering interoperability and increasing costs. The ICC's Digital Standards Initiative has already digitized 21 key documents, with more underway, aiming to boost trade relevance for emerging economies and smaller businesses.