Harmonised Global Interchange ? UNCITRAL's draft model law for Electronic Data Interchange.

Traditionally, companies have always conducted and documented a large part of their business on paper. Paper transactions went along with well-developed mechanisms and legal concepts for proving origin, preventing repudiation and maintaining confidentiality. This paper-based tradition is increasingly being abandoned in favour of EDI. EDI is changing the way major companies conduct business, both nationally and across international boundaries. This development is based on the advent of computers, the vast increase in the amount of business transactions, and new concepts such as 'just-in-time' production and delivery of goods, improved supply chain management and effective corporate cash flow management. EDI, it is felt, can make

business more efficient, more productive and more competitive.

EDI is a technique which replaces the paper medium on which trade data were traditionally communicated by computer-to-computer transfer of structured information. Such trade data may comprise, as on paper, contractual or trade-related information, such as orders, invoices, specifications or parts lists, and increasingly also the information required for 'electronic funds transfer' for the settlement of invoices. An electronic exchange of such trade data between companies, across business branches and even across borders is inconceivable without a hig...

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