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Trade facilitation survey – India
July 28 , 2021
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- India has substantially improved its score on a trade facilitation survey conducted by the United Nations.
- India scored 90.32 per cent in the UNESCAP's (United Nations Economic and Social Commission for Asia and the Pacific’s) latest Global Survey on Digital and Sustainable Trade Facilitation
- It had improved from 78.49 per cent in 2019.
- In its evaluation of 143 economies, the Survey for 2021 has pointed out India’s improvement in the scores on all five key indicators.
- The indicators are transparency, formalities, institutional arrangement and cooperation, paperless trade and cross-border paperless trade.
- Under the transparency indicator, India scored 100 per cent in 2021.
- The survey is conducted every two years by UNESCAP.
- A higher score for a country helps businesses in their investment decisions.
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