Covid-19 could provide impetus to accelerate trade digitization on larger scale – Madhavan

By Vinod Madhavan, The Covid-19 outbreak is set to significantly impact trade growth for the year as countries limit physical movement to curb the virus spread. While the health crisis undoubtedly has vast negative implications for global trade processes, it is one that could be turned into an opportunity as it provides the political and social impetus to accelerate trade digitization on a larger scale. Trade services have traditionally centred around physically intensive processes involving the likes of paperwork, signatures and frequent manual data entries. In fact, it has been…

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