The International Federation of Freight Forwarders Associations (FIATA) and the Global Shippers Forum have jointly released a Charter for the Protection and Governance of Data in International Trade. This Charter sets the basic data security and confidentiality arrangements for the digital booking and trading platforms providers and operators to adopt and incorporate into their End-User Agreements (EUAs). In addition, recommendations mentioned in the Charter seek to foster a safe environment for businesses on a level playing field.
The Charter, approved by both organisations, is the first declaration of rights for platform users in the logistics domain. FIATA is enabling the trade shift from analogue to digital form to boost the efficiency and resilience of supply chains worldwide.
Director General of FIATA, Dr Stéphane Graber, shares, “In this journey, interoperability between platforms and their credibility amongst users are crucial for success. It requires clear and fair rules for data exchange to safeguard the confidentiality and ensure trust among stakeholders. FIATA is pleased to lead this effort with Global Shippers Forum (GSF) on data governance and protection.”
James Hookham, Secretary General of GSF, opened up, “The digitalisation of international trade and transport paperwork offers massive savings and benefits for the complete supply chain, but its storage and processing is replete with risks of leakage, loss, and unauthorised use that may expose commercially sensitive patterns and trends. Our Charter sets reasonable expectations for the protections proposed to respect data ownership, protect its confidentiality, and guard against unauthorised access and use.”