UN-CEFACT (UN/CEFACT)

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UN-CEFACT (UN/CEFACT)

 

UN-CEFACT (United Nations Centre for Trade Facilitation and Electronic Business) is a body within the United Nations that focuses on improving worldwide trade by simplifying and harmonizing business processes and information flows.
Definition: A subsidiary body of the United Nations Economic Commission for Europe (UNECE) that develops standards, recommendations, and frameworks to facilitate global commerce.
Purpose: To enhance the efficiency and effectiveness of international trade transactions through the standardization and harmonization of business processes and data exchange.
Activities:
Development of Standards: Creates standards for electronic business transactions, such as e-invoicing and e-payments.
Trade Facilitation: Provides recommendations and frameworks to simplify trade procedures and reduce administrative burdens.
Key Initiatives:
Single Window Concept: Aims to streamline trade by allowing traders to submit regulatory documents at a single entry point.

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