Global institutions sign landmark agreement to boost trade

Posted on 27 Feb 2024 by The Manufacturer

A coalition of major global institutions has today signed a landmark agreement to advance a shared vision for the creation of a neutral, open, non-profit and inclusive digital infrastructure for trade data sharing.

The agreement is designed to break down barriers and boost inclusivity and participation by drastically reducing the time and cost associated with cross-border trade. The Teaming Agreement, reached at the WTO’s 13th Ministerial Conference (MC-13) in Abu Dhabi, is signed by the World Economic Forum (WEF), the Institute of Export and International Trade (IOE&IT), the…

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