AI is changing business practices in various sectors and parts of the economy, including cross-border trade. The potential for AI to streamline administrative processes and bureaucracy is particularly tantalising for supply chain businesses.
However, AI adoption in trade is not without its pitfalls, with businesses liable for compliance with rules at home and abroad, meaning any AI outputs should be verified by humans with customs and trade expertise.
This free ‘Global Trade Live’ webinar from the Chartered Institute of Export & International Trade assessed how AI is already changing global trade and supply chains, including AI solutions for customs compliance. It also looked ahead to future developments in AI and trade, including broader border digitalisation.
For expert advice on how to make the most of digital trade opportunities, check out our Imports Advisory Practice
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