July 08: India continues to demonstrate its commitment to digital and sustainable trade facilitation, as evidenced by its outstanding performance in the recently released United Nations Economic and Social Commission for Asia Pacific’s (UNESCAP) Global Survey on Digital and Sustainable Trade Facilitation. The 2023 survey, covering more than 140 economies and evaluating 60 trade facilitation measures, has positioned India at the forefront of global trade facilitation efforts, with an impressive score of 93.55% in 2023 vis a vis 90.32% in 2021.
India continues to demonstrate its commitment to digital and sustainable trade facilitation, as evidenced by its outstanding performance in the recently released United Nations Economic and Social Commission for Asia Pacific’s (UNESCAP) Global Survey on Digital and Sustainable Trade Facilitation. The 2023 survey, covering more than 140 economies and evaluating 60 trade facilitation measures, has positioned India at the forefront of global trade facilitation efforts, with an impressive score of 93.55% in 2023 vis a vis 90.32% in 2021.
India is now the best-performing country amongst all the countries of the South Asia region. The overall score of India has been greater than many developed countries including Canada, France, the UK, Germany etc.
As evidenced in the following graph, India’s overall score has continued to improve year by year indicating a strong commitment to further enhancing ease of Doing Business by undertaking next generational Trade Facilitation measures.
The Global Survey on Digital and Sustainable Trade Facilitation conducted by UNESCAP covers WTO Trade Facilitation Agreement (TFA) along with a set of nearly 60 trade facilitation measures categorized into eleven sub-groups, namely: Transparency; Formalities; Institutional arrangement and cooperation; Transit facilitation; Paperless trade; Cross-border paperless trade; Trade facilitation for SMEs; Agricultural trade facilitation; Women in trade facilitation; Trade finance for trade facilitation; and Trade facilitation in times of crisis. The survey is fact-based rather than perception-based. A three-step approach to data collection and validation is generally followed, implemented over a 6-month period every 2 years.
The Survey reflects the efficacy of Trade facilitation measures taken by Indian Customs such as Turant Customs comprising of Faceless Customs, Paperless Customs and Contactless Customs, in enhancing India’s ease of doing Business and promoting trade facilitative environment in the country.
For detailed survey results and further information, please visit the official UNESCAP website (https://www.untfsurvey.org/economy?id=IND&year=2023).
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