Inefficient procedures and bureaucratic barriers can cause unpredictable delays in cross-border trade. On the one hand, trade facilitation measures in developing and emerging countries create incentives for international companies to invest in new markets. On the other hand, local companies benefit, as they can import and export faster and more cost effectively.
WHAT WE ARE DOING
The Digitizing Global Trade (DGT) initiative aims to simplify and digitise trade processes in certain countries. In line with the central components of the WTO Trade Facilitation Agreement, cross-border trade should become more efficient over a period of three years. In order to reach this goal, companies provide border authorities with digital freight information about goods before they are imported or exported (pre-arrival or pre-departure processing). In this way, the data can be used to carry out a risk assessment at the earliest possible stage. Thus, the goods can be controlled more efficiently and effectively.
In addition, targeted trainings help to develop the expertise of exporters in accordance with the newly defined requirements, processes and technical solutions.
The DGT projects are based on a modular structure. This means that the desired goals can be adapted to each project country individually. The goals base on a needs analysis for the respective country and are defined in close cooperation with the partners.