Importance of trade information portals

14 July 2017 10:42 am

A lack of transparency: it is one of the most common complaints of the private sector in many developing countries where the World Bank Group works. Improved transparency can lower trade costs and improve predictability and it is a key objective of international agreements like the World Trade Organisation’s Trade Facilitation Agreement (TFA). Implementation of the TFA is a key topic being discussed in Geneva at this week’s Sixth Global Review of Aid for Trade.  


Because of the importance of transparency, supporting Trade Information Portals is increasingly common in our facilitation projects. Beginning with Lao PDR in 2012, the Bank Group has now supported trade information portals in more than a dozen countries using a custom-built software platform, as well as contributing to global knowledge on the topic. Just today, Vietnam became the latest country to launch a portal. The basic function of the portals is publishing all laws, regulations and procedures affecting trade. Increasingly, they also serve other functions including as enquiry points on trade or repositories of information on trade in services or non-tariff measures. 


From May 29-31, the Trade and Competitiveness team in the Bank Group’s Singapore Hub hosted officials from 15 countries for a workshop to share experiences on improving the effectiveness of trade information portals. Some of the topics discussed included:

 

 

As the first country to implement a Bank Group-developed trade portal project, Lao PDR’s experience was of great interest to other participants. Latthana Douangboupha, Director of the Trade Facilitation Division at the Lao PDR Ministry of Industry and Commerce, explained how there are now hundreds of daily users of the trade portal, and it is fostering coordination across government agencies related to trade, as well as with the private sector. Since launching its portal in 2012, Lao PDR has made publicly available 315 legal documents, 49 forms, 30 procedures, 253 measures and 144 standards relating to trade. 


Just as important as the transparency they provide, the process of establishing and maintaining portals brings together government agencies responsible for trade. Getting this coordination running effectively is essential in reforming trade facilitation and undertaking larger projects like the establishment of a National Single Window. Reflecting this, most countries at the workshop reported that they are already using the National Trade Facilitation Committees required through the WTO TFA to oversee the portal. In this way, the portal projects are helping strengthen the overall mechanisms for trade facilitation at the national level.  One key outcome of the workshop was the establishment of a community of practice among countries maintaining the Bank Group-developed trade portal software. This community of practice, convened by the Bank Group, will support the ongoing sharing of experience among countries. With the steady growth in the number of trade portals being implemented, the workshop was an opportunity to take stock of the achievements so far and the challenges ahead – with the hope that the community of practice will help governments share experiences and support each other in this effort in the years ahead.
(Courtesy the World Bank)