Digitizing international trade documents is crucial for easier global commerce and wider business access, according to ICC chairperson Harsh Pati Singhania. He highlighted that 80-90% of trade paperwork remains paper-based, hindering interoperability and increasing costs. The ICC's Digital Standards Initiative has already digitized 21 key documents, with more underway, aiming to boost trade relevance for emerging economies and smaller businesses.

ICC Chair Harsh Pati Singhania emphasizes AI and data as crucial trade elements, advocating for global standards and inclusivity.

Digitizing international trade documents is crucial for easier global commerce and wider business access, according to ICC chairperson Harsh Pati Singhania. He highlighted that…

India Business News: New Delhi: Artificial intelligence governance and the digitisation of global trade documentation will be among the top priorities of the International.