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Executive Summary
Project purpose
The project’s purpose is to revise Recommendation 14 Authentication of Trade Documents by means other than Signature. The recommendation was adopted in 1979 and has not been revised since then. After over 30 years, the Recommendation would benefit from an update to reflect the major changes in businesses processes, and government requirements and administrative procedures.
Currently, Recommendation 14 still covers an essential issue, since the number of signatures needed for a border crossing is strongly related to the cost and time involved. Many new technologies are available for authentication of trade documents and so the subject should be expanded to address the requirements for many economies around the globe as they are going toward dematerialisation
