Expediting Trade Through Electronic Bills of Lading

This paper examines increasing use of electronic bills of lading (eBLs) in global trade. It traces their evolution and explores their transformative impacts and benefits in streamlining and expediting trade and in reducing trade costs, enhance efficiency while promoting the green economy.
 

The paper also provides an overview of global trends and efforts by governments, industry associations and international organizations to promote the adoption of eBLs, highlighting their progress in this transition. As eBLs are poised for greater use in global trade, this paper presents a snapshot for  policymakers and businesses to help them understand and prepare for the digital transition.