Electronic Trade Documents Act 2023 Debate
Full Debate: Read Full DebateViscount Waverley
Main Page: Viscount Waverley (Crossbench - Excepted Hereditary)Department Debates - View all Viscount Waverley's debates with the Department for Business and Trade
(11 months, 2 weeks ago)
Lords ChamberI will take my copy of the Act here to refer to. In terms of international bodies, this has come through the UN system and the major body we are working with to get to businesses directly is the International Chamber of Commerce. On the small jurisdictional point in relation to Scotland, under the devolution settlement Scots law needs to be separate from English law—although it is largely the same when it comes to mercantile. There is a provision in the Act to make sure there is alignment between Scotland and England.
My Lords, this Act should be a major boost to UK corporates and indeed corporates around the world. As an aside, is the Minister aware that, apparently, up to 67% of British SMEs as yet do not have a website? That is another area which the Government might wish to consider in helping to push the trading figures forward.
I thank the noble Lord. The world has gone digital now and I think even that 67% are aware of that. The DBT is very much at the forefront of raising that awareness.