GAFTA Pushes Digitalisation and Sustainability in Global Grain Trade
The GAFTA plans to accelerate the adoption of digital trade documentation and strengthen sustainability efforts amid increasing volatility in global agricultural markets. The priorities were outlined by the association’s new president, Brian Arnold, who took office following the organization’s annual meeting in London.
According to Arnold, two key pillars will guide GAFTA’s work in the coming years: sustainability of agricultural supply chains and digitalisation of trade documentation. Sustainability includes environmental responsibility, traceability, and alignment with evolving regulatory requirements, while digital solutions can improve transparency, operational efficiency, and trust between trading partners.
Arnold pointed to the growing use of electronic phytosanitary certificates as a sign that regulators and the industry can cooperate on practical solutions. However, he noted that global grain trade still relies heavily on paper-based bills of lading, and broader legal recognition of electronic versions is needed to reduce shipment delays and documentation-related disputes.
Beyond technology, Arnold also stressed the importance of strict contract discipline. Many market participants mistakenly treat standard contracts as simple templates, although they are legally binding agreements. Failure to properly document amendments or meet procedural deadlines often leads to disputes in international trade.
Founded in 1878, GAFTA represents more than 2,000 companies across over 100 countries, and around 80% of global grain trade is conducted under its contract terms. The association believes that combining digitalisation, clear contractual standards, and professional education will help improve efficiency and stability in global agricultural trade.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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