LCQ13: Expediting digitalisation of trade documents
Following is a question by Dr the Hon Thomas So and a written reply by the Secretary for Commerce and Economic Development, Mr Algernon Yau, in the Legislative Council today (October 14): Question: There are views pointing out that with the Government's active support, the development of the first two phases of the Trade Single Window (TSW) and the related services have yielded positive results, but progress in the digitalisation of "Business-to-Business" (B2B) trade documents, which account for the vast majority of all trade documents, remains relatively slow. While the Government already issued a consultation paper between late 2025 and early 2026 on legislative amendments to facilitate the digitalisation of B2B trade documents, a legal basis and official verification standards are still lacking. In this connection, will the Government inform this Council: (1) given that the Government has previously indicated that it does not recommend the introduction of a mandatory accreditation or regulatory regime at this stage for establishing the reliability of electronic trade documents owing to the current lack of a leading technological solution in the market, but there are views sugges
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