The European Commission conducted a public consultation about electronic documents for freight carriage during the period of mid-November 2017 until mid-January 2018. The survey covered issues such as the acceptance of electronic freight documents by EU member states, banks, and insurance companies, and challenges related to interoperability.
However, IUMI is concerned that the regulatory approach on e-freight documents needs to be improved.
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The EU and other regional trade blocks developing various regulatory regimes for different regions around the globe would negatively impact international trade flows. Therefore, the only appropriate level for policy interventions on electronic freight documents is an international approach and a single set of policy measures.
In order for this approach to be successful, a framework of global inter-governmental organisations has to be created. IUMI suggested this to the European Commission, and further developments are expected during this year.