Consider the following statements regarding the Global Survey on Digital and Sustainable Trade Facilitation: 1. It was released by the World Trade Organisation. 2. The overall score of India has been greater than many developed countries. 3. It is a bi-annual survey that deals with trade facilitation measures taken collectively by the ‘WTO member countries. How many of the statement given above are correct

Official answer key: A. The answer shown above (B) is the academy’s own.

Global Survey on Digital and Sustainable Trade Facilitation

• It is conducted every two years by UNESCAP. Hence, statement 1 and 3 are incorrect.
• The 2023 survey covered more than 140 economies and evaluated 60 trade facilitation measures
• It has recognized India's exceptional progress across various sub indicators, with the country achieving a perfect score of 100% in four key areas: Transparency, Formalities, Institutional Arrangement and Cooperation, and Paperless Trade.
• India has witnessed a substantial improvement in the score for “Women in Trade Facilitation” component from 66.7% in 2021 to 77.8% in 2023.
• India is now the best performing country amongst all the countries of South Asia region
• The overall score of India has been greater than many developed countries including Canada, France, UK, Germany etc. Hence, statement 2 is correct.

UNESCAP

• It is the most inclusive intergovernmental platform in the Asia-Pacific region which was established in 1947.
• Member countries: It consists of 53 members and 9 associate members.
• India is also a member of this organization.
• Headquarters: Bangkok, Thailand
• It works to overcome some of the region’s greatest challenges by providing results-oriented projects, technical assistance, and capacity building to member States