RCEP

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Facilitating Trade Digitization

Local Merchant Services have been providing Trade Digitization Services since 2017. Digitizing Trade Helps avoid lengthy delays

RCEP-900-506

RCEP.Trade Gateway

Indexing Digital Trade Gateways For RCEP Countries as listed above in the Asia Pacific
ibm-business-partner

IBM Digital Trade Services

IBM Digital Trade Services also provided to include: Blockchains-As-A-Service; Food Trust; Internet Of Things; Transparent Supply

Logistics Partners Services

Our Logistics partners provide a range of logistics services, including outsourcing of stock control and a wide range of services related to supply chains. Global freight Services provided by our logistics partners include: Air freight; Sea freight, Warehousing, fulfilment, contract logistics, Customs Services, etc

Part of the TRADE GATEWAYS Programme

For Trade Opportunities for Buyers and Sellers, access Buyers or Sellers through one of the centralized B2B Marketplaces in the TRADE GATEWAYS Programme.
Email: contact@tradegateways.com, for details of of the centralized B2B Marketplaces in the TRADE GATEWAYS Programme, that suit your requirements.

After concluding a transaction, come back and use the Digital Trade Features at this site, to access a local infrastructure to execute agreed Transactions, in a faster and more secure manner.
RCEP TRADE GATEWAYS
AUSTRALIA

STATES

  • Queensland.State.Trade
  • NewSouthWales.Trade
  • SouthAustralia.Trade
  • Tasmania.Trade
  • Victoria.Trade
  • WesternAustralia.Trade

    CITIES

  • Adelaide.Trade
  • Perth.Trade
  • Melbourne.Trade

    BRUNEI Brunei.Trade CAMBODIA Cambodian.Trade PhomnPenh.Trade CHINA Anhui.Trade Baotou.Trade Gansu.Trade Guangxi.Trade Hebei.trade Heilongjiang.Trade Henan.Trade Hubei.Trade Hohhot.Trade Hunan.Trade Inner Mongolia.Trade Jiangsu.trade Jiangxi.Trade Liaoning.Trade Qinghai.Trade Qinhuangdao.trade Shaanxi.Trade Shandong.Trade Shijiazhuang.Trade Wenzhou.Trade Xinjianguygur.Trade Yantian.Trade Yunnan.Trade Zhongshan.Trade INDONESIA Jakarta.Trade JAPAN Chiba.Trade Chugoku.Trade Ehime.Trade Fukuoka.Trade Funabashi.Trade Hiroshima.Trade GreaterTokyo.Trade Gansu.Trade Guangxi.Trade Gunma.Trade Hamamatsu.Trade Hunan Hyogo.Trade Ishikawa.Trade Iwate.Trade Kagawa.Trade Kagoshima.Trade Kanagawa.Trade Kitakyushu.Trade Kumamoto.Trade Kyushu.Trade Miyagi.Trade Nerima.Trade Niigata.Trade Osaka.Trade Okayama.Trade Sagamihara.Trade Saitama.Trade Sakai.Trade Sapporo.Trade Sendai.Trade Setagaya.Trade Shiga.Trade Shimane.Trade Shizuoka.Trade Tochigi.Trade Tohoku.Trade Xinjianguygur.Trade Yamanashi.Trade Yokohama.Trade MALAYSIA KualaLumpur.Trade MYANMAR Naypyidaw.Trade NEW ZEALAND Auckland.Trade New-Zealand.Trade THE PHILIPPINES ThePhilippines.Trade Manila.Trade SINGAPORE SingaporeIsland.Trade SOUTH KOREA Busan.Trade SouthKorea.Trade THAILAND Phuket.Trade VIETNAM Hanoi.Trade

    • Provision Of Infrastructure For Trade Digitization

    Each transaction is treated on a case by case basis, but a general scenario is one as detailed below:

    TRANSACTION

    1. Buyer sees the offer at the transactional site that is part of the TRADE GATEWAYS Programme, and agrees to buy from a Seller. The parties agree an equivalence between control of an electronic transferrable record and possession of a transferrable paper document or instrument.

    2. Buyer makes the order and the trade invoice is generated by the seller on the TRADE GATEWAYS Platform.

    3. The parties agree that an Electronic letter of credit will be utilized in the transaction. The parties also agree on the Logistics Company to be utilized, who are part of the TRADE GATEWAYS Programme.

    EXECUTION

  • The Buyer/Importer applies to the issuing bank to open an electronic letter of credit subject to the latest version of eUCP rules.
  • The issuing bank issues an electronic letter of credit via the authenticated TRADE GATEWAYS Platform.
  • The beneficiary (exporter/seller) of the electronic letter of credit receives the authenticated copy via the TRADE GATEWAYS platform.
  • At the same time the buyer/importer confirms with the Logistics company, that an electronic bill of lading will be issued instead of a regular paper based bill of lading. This electronic bill of lading, along with all other relevant Trade Documentation, will be issued on the TRADE GATEWAYS platform.
  • Exporter/Seller delivers goods to the logistics company.
  • Warehouse issues a warehouse warrant on the TRADEGATEWAYS Platform, which is a document issued in favour of the owner or depositor of goods by the warehouse keeper. It is a document of title of goods, and can be transferred by simple endorsement and delivery.
  • The warehouse warrant is digitally signed by the Warehouse.
  • Required Inspections take place.
  • All Trade Documents are Digitally/Securely signed by relevant parties.
  • The certification is Digitally signed by the certifier(s) where relevant.
  • All Digital signatures come from a specified email address provided to users under the TRADE GATEWAYS programme, so that the signatures can be authenticated in a number of ways. Such authentication includes recording and tracking the IP addresses.
  • Once all the authenticated Digital Signatures as above have been made by the relevant parties, confirmation is sent to all parties that the document has been digitally signed by all parties. These transferrable electronic trade documents, which have been securely digitally signed, would then serve as an alternative to traditional paper versions.
  • The beneficiary makes an electronic presentation for the issuing bank. The Electronic presentation contains electronic documents including digitally signed e-bill of lading/warehouse warrant.
  • Issuing bank checks the documents. If they are OK, it honors its Electronic letter of credit.
  • The transaction is concluded. Ownership is transferred to the Buyer.
  • The Issuing Bank sends the e-documents to the Buyer.
    • contact@tradegateways.com