UK paves the way

Electronic Trade Documents Act has received Royal Assent. In a significant step towards embracing the digital era, the Electronic Trade Documents Bill is set to revolutionize the landscape of international trade in the UK and beyond.

Proposed by the Law Commission of England and Wales, this bill aims to grant electronic trade documents the same legal treatment, effects, and functionality as their traditional paper counterparts. With this progressive legislation, the UK is on the path to unlocking the full potential of electronic trade documents and ushering in a new era of efficiency and security.

Read UK Governments impact assessment here: HMG Impact Assessment

Sources: HMG, AmeliaJones