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WORLD TRADETN/TF/W/137 21 July 2006ORGANIZATION(063515)Negotiating Group on Trade FacilitationOriginal: EnglishCOMMUNICATION FROM ARMENIA, CHILE, CHINA, DOMINICAN REPUBLIC, ECUADOR, THE EUROPEAN COMMUNITIES,
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Collect all the necessary information and documents related to the trade transaction.
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Fill out the details of the exporter, importer, and other involved parties accurately.
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Provide information about the goods being traded, including descriptions, quantities, and any applicable customs codes.
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Include all relevant shipping and transportation information, such as modes of transport, container numbers, and estimated arrival dates.
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Trade facilitation refers to the simplification, modernization, and harmonization of export and import processes to make them more efficient. Paperless trade involves the use of electronic documentation and communication to carry out transactions, reducing the reliance on physical paper.
All entities involved in the international trade process, including exporters, importers, customs brokers, and freight forwarders, are required to file trade facilitation and paperless documentation.
To fill out trade facilitation and paperless documentation, users should complete electronic forms available through designated trade platforms, ensuring that all required information is accurately provided and submitted before the relevant deadlines.
The purpose of trade facilitation and paperless initiatives is to expedite the movement of goods across borders, reduce costs associated with paper handling, improve transparency and security in trade, and enhance overall trade efficiency.
The information that must be reported includes details such as shipment descriptions, values, consignor and consignee information, customs codes, and payment information. Additional specifics may vary by jurisdiction or trade agreement.
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