Documents

The Coronavirus 2019 (COVID-19) pandemic has hit international trade worldwide and in Asia and the Pacific, underscoring the importance of maintaining trade connectivity not only for the immediate pandemic response, but also for the subsequent recovery efforts in order to build resilience to future disruptions. The report first describes, in the section II, the initial developments and lessons learnt in trade and transport facilitation practices in response to the COVID-19 pandemic. Section III presents the results of a Survey on trade facilitation in times of crisis and pandemic in the Asia and the Pacific region. Finally, Section IV discusses the ways forward for trade facilitation measures to support a sustainable and resilient recovery from the COVID-19 crisis and how the Asia-Pacific region can be better equipped to build back better. 

“Coordination, digitalization, harmonization and partnership” could remain as guiding principles of the trade and transport response during the pandemic and in its aftermath. The existing cooperation mechanisms for trade and transport connectivity in Asia and the Pacific should be mobilized to provide stronger momentum for facilitation, harmonization and digitalization of cross-border trade and transport procedures. This includes the Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific, and the intergovernmental agreements on the Asian Highway and the Trans-Asian Railway Networks. Complementing this, regional coordination in times of crises can also be institutionalized in future negotiations of relevant regional, subregional and bilateral trade and transport agreements.