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Asia-Pacific trade and investment report unleashing digital trade and investment for sustainable development : highlights and recommendations 2025 updates
Throughout the report, a consistent theme emerges―unleashing digital trade and investment for sustainable development requires careful consideration of regulatory impacts on consumers, small firms, workers, and the environment. Central to these strategies is the need for a streamlined and simplified regulatory framework that avoids unnecessary compliance costs for businesses. A predictable and efficient regulatory environment is especially beneficial for small enterprises, which play a critical role in achieving sustainable development goals. A key component of this framework is the simplification of procedures related to business establishment, licensing, permits, along with reducing associated costs and processing times.
Moreover, establishing mechanisms that promote regulatory cooperation and interoperability is essential.
Aligning technical requirements within regulations with international standards and mutual recognition arrangements ensures greater global consistency and interoperability of digital trade systems.
A holistic policy approach is essential for fostering a supportive environment for digital trade and investment. This requires inter-agency coordination, a strong commitment to transparency, and engaging in public consultations. Furthermore, as the digital trade and investment landscape evolves, preparing enforcement agencies for changes is crucial. Specialized training programmes can strengthen institutional capacity, enabling agencies to effectively implement and enforce new or revised regulations. ESCAP, UNCTAD, and UNIDO stand ready to assist in this endeavour.
Moreover, establishing mechanisms that promote regulatory cooperation and interoperability is essential.
Aligning technical requirements within regulations with international standards and mutual recognition arrangements ensures greater global consistency and interoperability of digital trade systems.
A holistic policy approach is essential for fostering a supportive environment for digital trade and investment. This requires inter-agency coordination, a strong commitment to transparency, and engaging in public consultations. Furthermore, as the digital trade and investment landscape evolves, preparing enforcement agencies for changes is crucial. Specialized training programmes can strengthen institutional capacity, enabling agencies to effectively implement and enforce new or revised regulations. ESCAP, UNCTAD, and UNIDO stand ready to assist in this endeavour.
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