Asia leading the way in E-Invoicing
EFSA was made aware by our Australian colleagues of an initiative on e-invoicing in the ASEAN (Association of Southeast Asian Nations) countries – ASEAN-Australia Digital Trade Standards (DTS) Initiative. The DTS is now in the implementation phase. E-invoicing is key to the digital revolution of trade facilitation. The UK is also pressing for more e-invoicing and e-documentation. Our Australian colleagues also pointed out that Australia is currently undergoing a Government digital transformation, under the auspices of the Digital Transformation Agency: https://www.dta.gov.au/. There is also a simultaneous Simplified Trade System initiative underway, with consultations now invited: https://www.simplifiedtrade.gov.au/
More details on the ASEAN programme are available here: https://asean-au-dts.org/, and the mid-term review is here: https://www.dfat.gov.au/publications/trade-and-investment/asean-australia-digital-trade-standards-dts-initiative-mid-term-review-report-and-management-response
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