UNGA Adopts Historic Multimodal Cargo Documents Convention
The UNGA adopted a new convention on negotiable cargo documents on December 15, allowing a single paper or electronic bill for multimodal shipments, boosting trade finance and efficiency.
Trade Finance
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UN Cargo Treaty Showcases the Chinese mainland’s Multilateral Spirit
The UN Convention on Negotiable Cargo Documents, adopted Dec 15, highlights the Chinese mainland’s push for multilateralism, streamlined trade finance, and digitalized cargo transport.