Paperless Trade: Evaluation of the Current Situation & towards the Integrated Single Foreign Trade Document

Abstract

Electronic documents began to take the place of the paper documents that are being currently used in foreign trade. In this study, it is mentioned of topics such as what are electronic documents, how are they regulated and what tools are needed to have legal validity. It also covers the developments about examples of electronic documents and electronic process studies in the international field. It is expected that the number of documents used will decrease and also the complex payment methods will eliminate in the process of transition to electronic document use. As a result, it is recommended to use a single integrated foreign trade document in this study. In this way, it is predicted that foreign trade transactions can be executed through an online platform where all parties involved in foreign trade transactions will come together.