Digitalization of International Trade

March 30

1:00 pm

– 6:30 pm

Online

Russia

UNCITRAL

UNCITRAL is joining with the Ministry of Economic Development of the Russian Federation and the International and Comparative Research Center to hold a virtual discussion session on the digitalization of international trade. The event will cover a range of issues related to current and possible future work of UNCITRAL in this important area, with a particular focus on COVID-19 response and recovery. The event is free of charge with simultaneous interpretation in English and Russian. Click here to register and find additional details.

Tuesday, 30 March 2021 – 11:00am to 4:30pm
Tuesday, 30 March 2021 – 1:00pm to 6:30pm (UTC +3 Moscow)

About

As stated in the United Nations World Economic Situation and Prospects mid-2020 report, “nearly 90 per cent of the world economy has been under some form of lockdown, disrupting supply chains, depressing consumer demand and putting millions out of work”.

The digitalization of international trade is one of the key factors which could ensure global trade growth in time of a crisis like COVID-19 pandemic and reduce contractor costs in general.

Given the restrictions imposed during the COVID-19 pandemic, it is crucial to discuss the role of digital technologies in restoring the interrupted commercial ties and in establishing new ones, to analyse approaches to creating effective national and international regulation facilitating the introduction and use of digital forms of communication by market players as well as making them more reliable.

Questions to Discuss

electronic trading platforms (including «online aggregators»);
electronic trade documents;
automated contracting (including «smart contracts»).