UN adopts first multimodal negotiable cargo document for global trade

The UN has adopted a landmark convention creating a single, fully electronic, negotiable transport document usable across road, rail and air.
The framework allows goods to be sold, rerouted or financed while in transit, extending flexibility beyond sea freight.
Adopted on December 15 after UNCITRAL-led talks, it enhances trade finance access, reduces legal risk, and supports developing economies.