An interactive learning session on the state of “paperless trade” — technology, commercial potential and transactional realities on the ground. Moderator: Michael Vrontamitis, Head of Trade, Product Management Transaction Banking, Standard Chartered Bank

1. Paperless trade

2. • Paperless trade worth between 20-50% in incremental GDP growth over next 20
years for emerging markets according to WTO
• Lots of progress over past 2 decades with many elements of trade being digitised
• New enabling technologies leading to faster digitization such as DLT, cloud, API’s
• Connecting digital platforms remains a challenge across issues such as legal,
liability, technology and information security -> no standard
• Future for digital trade positive as governments increasingly focus on trade
facilitation and corporates on cost reduction to remain competitive
Paperless trade key messages