Impact assessment

Electronic Trade Documents Bill: impact assessment

An economic assessment of the Electronic Trade Documents Bill.

• From: Department for Science, Innovation and Technology and Department for Digital, Culture, Media & Sport
• Published: 8 December 2022

This was published under the 2022 to 2024 Sunak Conservative government

Documents

Impact assessment of the Electronic Trade Documents Bill

HTML

Impact assessment of the Electronic Trade Documents Bill

PDF, 507 KB, 29 pages

Details

The Electronic Trade Documents Bill will make digital documentation legally recognised, reduce admin costs and make it easier for UK businesses to buy and sell internationally. The introduction of the bill is estimated to create £1.14 billion in net benefits to the UK over a 10-year period.

This publication shows a summary version (html) and the full version (pdf) of the Electronic Trade Documents Bill de minimis assessment (DMA). The DMA is an economic assessment of the impacts of the bill. This includes the policy rationale, the monetised costs and benefits, the wider impacts and the plan for monitoring and evaluation for the introduction of the regulation.

Published 8 December 2022