Core Viewpoint - The adoption of the United Nations Convention on Transferable Goods Documents marks a significant advancement in international trade law, particularly benefiting landlocked countries and enhancing trade financing options [1][2]. Group 1: Background and Development - The concept of the convention originated from the innovative use of cross-border railway waybills by Chinese enterprises in Chongqing and Sichuan during China-Europe trade [1]. - In 2019, China proposed the establishment of new international rules in this area to the UNCITRAL, leading to a multilateral legislative process initiated in Chongqing [1]. - Over six years, China collaborated with UNCITRAL member states, incorporating input from governments, industry, and experts to finalize the convention [1]. Group 2: Significance and Impact - The new convention fills a legal gap regarding the transferability of transport documents in cross-border trade for landlocked countries, which is expected to greatly enhance the diversification and facilitation of transport document financing [1]. - The convention is seen as a successful example of effective multilateralism promoting trade development, following the 2022 adoption of the Beijing Ship Judicial Sale Convention [2]. - Ghana expressed its intention to host the signing ceremony for the convention in 2026 in Accra, the location of the African Continental Free Trade Area Secretariat [2]. Group 3: Support and Commitment - Attendees at the event expressed their commitment to supporting the signing process of the convention and facilitating its early entry into force [3].