WCO working group on ecommerce
17 October 2017

WCO Working Group on ECommerce moves closer to providing new deliverables in the coming months

From the World Customs Organisation: Close to 200 delegates attended the second meeting of the WCO Working Group on E-Commerce (WGEC), held at WCO headquarters in Brussels from 10 to 13 October 2017, with the aim of taking stock of the work done since the first meeting and moving forward in developing tools and instruments related to the management of growing cross-border transactions stemming from E-Commerce sales. The delegates represented a broad variety of stakeholders, including Customs administrations, other government agencies, and partner international organizations. They were joined by representatives of the postal and express service industry, e-vendors, e-commerce platforms,...
WCO working group on ecommerce

ITFC provides US$ 45 Million in support of the Gambia energy sector

From the ITFC - original article here. Washington DC – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, signs an agreement with The Gambia with a total amount of US$45 Million, in support of the Gambia Energy Sector. H.E Mr. Amadou Sanneh, Minister of Finance and Economic Affairs of The Gambia (Governor of the Islamic Development Bank), and Eng. Hani Salem Sonbol, Chief Executive Officer of ITFC, signed the Agreement. The signing ceremony took place at the conclusion of the IsDB Group Governors’ lunch on the sidelines of the World Bank/IMF meeting...
IATA and WCO Collaborate for improve eficiency
13 October 2017

IATA-WCO Collaboration to Improve Air Cargo Efficiency and Security

From the International Air Transport Association  (IATA) Geneva – The International Air Transport Association (IATA) and the World Customs Organization (WCO) announced that IATA's Cargo-XML messaging standard has been fully integrated into WCO's Cargo Targeting System (WCO CTS), a risk assessment tool available to WCO member countries worldwide. The integration of Cargo-XML in the WCO CTS enables electronic communication between airlines and customs authorities using the IATA Cargo-XML standards format. This will make communication simpler and more effective, and facilitate more accurate risk assessments by customs authorities using the WCO CTS application to capture advance electronic cargo manifest information. "Simplifying processes,...

Jumia expands its lending program for small businesses across Africa

From Tech Crunch. Original article here. Jumia, the dominant e-commerce company in sub-Saharan Africa, is expanding the small business loan program it launched earlier this year into every country where the company operates. Working with the San Francisco-based lender Branch, Jumia began offering start-up loan for small businesses in May. The loans were pegged to vendors sales history with Jumia and projections for the future performance of the businesses. In Kenya, sellers received loans of up to 30,000 Kenyan shillings (roughly $290), with a six-month term on the loan to finance their businesses. Interest rates on the loans are 1.2% per...
Exploring blockchains transformative potential
12 October 2017

UNECE: Exploring the transformative potential of blockchain for sustainable development at the 30th UN/CEFACT Forum

Blockchain is a rapidly evolving area of information technology with potential for huge benefits in terms of security, reliability and cost efficiency in the exchange of information. Blockchain offers the advantage of a shared “end to end” record of information related to transaction history, which because it exists across a network rather than as single or multiple copies, cannot be altered or corrupted. What are the possible implications of this new technology for trade and government services? How could it be used to advance the United Nations' Sustainable Development Goals (SDGs)? Could existing United Nations' standards for data and processes...
SME video competition - ICC and WTO

WTO: Small Businesses Going Global Video Challenge

Small Businesses Going Global Video Challenge Google has partnered with the International Chamber of Commerce (ICC) and the WTO to launch a video competition inviting micro, small and medium-sized enterprises (MSMEs) to share their stories, through a short video, about how they have used internet technologies to participate in trade. The competition, entitled the “Small Businesses Going Global Video Challenge”, is the first successful proposal under the WTO/ICC Small Business Champions initiative. See also: Business, trade and the WTO Prize The winner and runners-up will win a trip to a master class at Google in digital skills tailored to MSMEs, the...
UPU World Post Day

UPU: Guterres on World Post Day: Posts contribute to the SDGs

 The UN Secretary General’s remarks were read at a first of its kind ceremony organized by the UPU to celebrate the annual awareness day celebrated each 9 October. The winners and high-level audience present at World Post Day Award Ceremony. Held at the UPU’s headquarters in Berne, the event brought together guests from the postal sector, diplomatic corps and Swiss Confederation to honour both its 46th International Letter-Writing Competition gold medallist and top scorers in the UPU Integrated Index for Postal Development (2IPD). For his part, UPU Director General Bishar A. Hussein emphasized the Post’s important role in global public infrastructure....
Information society and the digital economy from the Association of Progressive Communications

The Association of Progressive Communications on the Information society and the digital economy.

From the Association of Progressive Communications. This week’s post is the first of two on the digital economy. UNCTAD – the UN Conference on Trade and Development – published its two-yearly InformationEconomy Report (IER) last week. It’s consistently one of the more interesting UN publications on the Information Society. Well worth a read. This year’s is concerned with Digitalisation, Trade and Development and publication coincided with the first meeting of UNCTAD’s new Intergovernmental Group of Experts on E-Commerce and the Digital Economy. This post, longer than usual, summarises my contribution in the final session of that Group’s first meeting. A growing part of economic life...
WTOecommerce - cross boarder trade talks
10 October 2017

Consumers International: Making cross border e-commerce work for consumers?

Consumers International's Advocacy manager Anna Glayzer reports back from last week's WTO Public Forum in Geneva and explains why e-commerce looks set to be the next battleground for global trade. "Consumers International hosted a working session on cross border e-Commerce at the World Trade Organisation (WTO) Public Forum in Geneva, Switzerland. We used the session to explore e-commerce from some different perspectives; and to ask what ‘good’ might look like in terms of cross border e-commerce for consumers, citizens, businesses and nations. E-commerce was a hot topic at this year’s forum. Debates around e-commerce and trade intensified sharply in July...
SME Competitiveness focus image
9 October 2017

ITC release SME Competitiveness Outlook 2017

The International Trade Centre (ITC) have released the 2017 report on SME Competitiveness: The region: A door to global trade: This year’s report focuses on regional trade, the most common form of trade for small and medium-sized enterprises (SMEs). It finds that deep regional trade agreements help deliver inclusive growth. These agreements attract value chain activity and narrow the competitiveness gap between large and small firms. When investment is part of such agreements, the impact is stronger. The report provides targeted advice for policymakers, businesses, and trade and investment support institutions. It combines data analysis, case studies, academic insights and...
eTrade Readiness Assessment
6 October 2017

UNCTAD publishes eTrade Readiness Assessment for Samoa

The UNCTAD ICT and Analysis Section publish the eTrade Readiness Assessment for Samoa. The team, who worked alongside Samoa to produce the report are pleased to present the report which provides practical insights into the e-commerce and digital economy needs of Samoa. See the report here. See the main findings and summary here. In the UNCTAD press: The Pacific Island nation of Samoa has made considerable progress in recent years in getting businesses and consumers online but still faces challenges before being fully ready to benefit from e-commerce, an UNCTAD assessment of the country published today says. Made up of eight...
4 October 2017

Luxembourg, Switzerland and Norway most ready to benefit from e-commerce

For the third straight year, Luxembourg has held on to its position atop UNCTAD's ranking of 143 countries' capacity to support online shopping and other business-to-consumer e-commerce. Among the top 10 economies in the 2017 UNCTAD B2C E-commerce Index, seven are European while three are from the Asia-Pacific region. Among developing countries, three high-income economies - the Republic of Korea, Hong Kong (China) and Singapore - have the best ranking. They are followed by the United Arab Emirates and Malaysia. Trinidad and Tobago is the top performer in Latin America and the Caribbean, and Serbia is ahead of other transition...
Information Economy Report
3 October 2017

UNCTAD Information Economy Report 2017

The Information Economy Report: Digitalization, trade and development, has been published by the ICT and Analysis Section at UNCTAD. A forward by the Secretary General of the United Nations follows. To download the report, click here or on the image below. Information Economy Report 2017 These are still the early days of the digital economy. But already it is clear that it has had, and will continue to have, globally transformative impacts on the way we live, work and develop our economies. As the world strives to implement the 2030 Agenda for Sustainable Development – our universal blueprint for building...

DiploFoundation: The GIP Digital Watch Observatory: Summary Report from WTO Public Forum 2017

Trade: Behind the headlines’ was the theme of this year’s WTO Public Forum. Over 1500 policymakers, business representatives, NGOs, and academics met in Geneva, in what is widely recognised as a main venue for discussions on trade. In this report, we focus on the discussions related to e‐commerce and digital policy, which have become increasingly prominent features of the Forum. Out of 106 sessions, about a third were dedicated to the challenges posed by digitalisation. We summarise the main digital pol‐ icy themes, distilled from our team’s reports from various sessions. To discover the report
SME Competitiveness focus image
29 September 2017

AfDB approves US$200 million to IDC to support industrialisation projects in Africa.

The Board of Directors of the African Development Bank Group (AfDB) has approved a private sector multi-currency line of credit of US$ 100 million and 1.3 billion South African Rands to Industrial Development Corporation Plc (IDC) of South Africa. The operation will support industrialization projects in both South Africa and other Regional Member Countries (RMCs). IDC is South Africa’s pre-eminent development finance institution (DFI), owned by the South African government. Its mandate is to promote industrialization in Africa by investing in, and developing the industrial base of South Africa and other RMS, thereby helping to scale-up the AfDB’ s High...

Five facts on what trade and technology really mean for jobs

Technology and trade have driven the global economy through a period of extraordinary growth and dynamism over the past quarter of a century but at a cost of important changes and disruptions in the job markets. The 2017 edition of the World Trade Organization's World Trade Report (WTR),examines how technology and trade affect labour markets. The WTR notes that while the scale and pace of recent global economic change is unprecedented, the process is not new. Ultimately, continued economic progress hinges on the ability of economies to adjust to changes and promote greater inclusiveness. While today’s labour market problems are...

ITU: The New Call for the WSIS Stocktaking Report 2018 is launched!

The New Call for the WSIS Stocktaking Report 2018 is launched!   Call for New Entries:   Submitted activities will be reflected in the WSIS Stocktaking Report 2018 which will be released at WSIS Forum 2018 (19-23 March 2018). The deadline for submission will be 9 February 2018. We invite all to continue following WSIS Flash and WSIS social media channels, and contribute to WSIS Stocktaking process.   Submit at: www.wsis.org/stocktaking   The WSIS Stocktaking process has been maintained by ITU since 2004 as requested by the WSIS Outcomes (TAIS, Para 120). This publicly accessible WSIS Stocktaking database(www.wsis.org/stocktaking), currently with...
28 September 2017

The Global Competitiveness Report 2017-2018

Featuring the Global Competitiveness Index, the Report assesses the competitiveness landscape of 137 economies, providing unique insight into the drivers of their productivity and prosperity. Discover the 2017-2018 edition’s rankings, key findings, your economy’s scorecard, and much more. Discover the interactive version of the report here       Discover the PDF version to download here                   Discover the Competitiveness economy profiles here 

WTO launches 2017 World Trade Report on trade, technology and jobs

Discover the 2017 World Trade Report Technology and trade have propelled the global economy through a period of great dynamism over the past quarter of a century but – as with any economic advance – there has also been disruption. The 2017 edition of the WTO’s flagship publication, the World Trade Report, examines how technology and trade affect labour markets. The Report, launched today (27 September) at the WTO Public Forum, notes that continued economic progress hinges on the ability of societies to remain open to trade and technological advance, while also being able to adjust, adapt and promote greater...
27 September 2017

WEF: Key outcomes of the Sustainable Development Impact Summit 2017

Over 700 leaders came together to deliver on the ambitions of the Sustainable Development Goals and the Paris climate agreement. The Summit showed how public and private actors can cooperate on a multistakeholder platform in the global public interest, applying creative technological solutions that benefit all. 700+ business, civil society and government leaders from over 70 countries and 160 organizations 9 heads of state/government and 70+ senior government leaders, public figures and heads of international organizations 80+ Social Entrepreneurs, Young Global Leaders and Global Shapers 230+ women leaders 60+ NGO, labour and religious leaders 30+ Technology Pioneers and academic leaders...
26 September 2017

WTO Public Forum launch -“Trade: Behind the Headlines”

At a time when the debate on trade has rarely been as prominent or controversial, the WTO's 2017 Public Forum, "Trade: Behind the Headlines", offers an opportunity to go beyond the rhetoric and examine in detail the realities of trade – the opportunities it offers and the challenges it can bring. The Forum will provide a platform for frank discussions among policy makers, civil society representatives, business people and researchers as they consider how to make trade work for more people and ensure that the trading system is as inclusive as it can be. To discover more  Discover the video...

ITU 2017 Telecom World : visions for society’s smart digital transformation

ITU Telecom World got off to a roaring start Monday here in Busan, Republic of Korea with a powerful opening ceremony and a series of sessions on how artificial intelligence (AI) and 5G can help drive the “fourth industrial revolution.” Leaders of government and industry are joined here by small and medium enterprises – the tech SMEs at the forefront of disruption and growth in the information and communication technology (ICT) sector. “ICTs have become indispensable in our digital era. ICTs drive the transformation of our economies and our society,” said ITU Secretary-General Houlin Zhao at the opening ceremony, which...
25 September 2017

The World Bank: The Future of Manufacturing-Led Development

How can developing countries continue to advance and reduce poverty when technology and globalization are changing the landscape of manufacturing? To find out more     Trouble in the Making? The Future of Manufacturing-Led Development To find out more https://www.youtube.com/watch?v=WdrHN_9neC8
21 September 2017

ICAO: Aviation Benefits 2017 Report – The importance of aviation on supporting the global economy

Aviation Benefits - IHLG Report  Aviation makes the dream and desire of being able to fly a reality. A strong and affordable global air transport network transcends continents, greatly expands local access to foreign supplies and markets, provides invaluable opportunities for cultural and social exchange and enhances emergency and humanitarian response capabilities during crises and public health emergencies. It is necessary for all stakeholders and partners to work together to maximize the benefits of air transport, and to support the sustainable growth of aviation by connecting more people and more places, more often. The International Civil Aviation Organization (ICAO) collaborated...
20 September 2017

NEPAD launches infrastructure financing for Africa initiative

The New Partnership for Africa’s Development (NEPAD) – African Union’s economic development programme, gathered international investors and CEO-level business leaders at the NASDAQ Stock Market today, 18th September, for the launch of its 5% Agenda campaign. The launch took place five years after a January 2012 African Union Summit adopted the Programme for Infrastructure Development in Africa (PIDA) which sets out 51 cross-border infrastructure programmes and more than 400 actionable projects in four sectors. According to the World Bank, the continent needs to spend $93 billion annually (44% for energy; 23% for water and sanitation; 20% for transport; 10% for...

EU finance ministers agreed to develop new digital taxation rules

The finance and economic affairs ministers of the EU member states discussed updating international tax rules for companies at their informal meeting in Tallinn today, so that these rules could also be applied to taxing enterprises that use digital technology. The ministers agreed to move forward swiftly and to reach a common understanding at the Ecofin Council in December. https://www.youtube.com/watch?time_continue=122&v=Psn4fgAWR68 “For us, it is important to agree on new international tax rules that also take into account the business models of the digital economy. This would guarantee the equal taxation of all companies regardless of their location or place of...
19 September 2017

ISOC: What does the future hold for the Internet? Discover the Global Internet Report 2017

The Internet Society (ISOC) released its Global Internet Report 2017, entitled “Paths to our Digital Future.” ISOC is a global non-profit, established in 1992 and is dedicated to ensuring the open development, evolution and use of the Internet. The 2017 report examines the potential future Internet over the next five to seven years, identifying six drivers of change: 1) The (convergence between) Internet & the Physical World; 2) Artificial Intelligence (AI); 3) Cyber Threats; 4) The Internet Economy; 5) Networks, Standards & Interoperability and 6) the Role of Government. The report looks at the impact of these drivers on digital...
15 September 2017

UNCTAD: The robots are coming: Mixing automation and austerity can threaten good jobs worldwide

“Robots are threatening jobs in developed and emerging developing countries alike but, as with any new technology, there are opportunities as well as risks,” said UNCTAD Secretary-General Mukhisa Kituyi, launching the Trade and Development Report 2017: Beyond Austerity – Towards a Global New Deal. “The anxiety surrounding robots does not lie in their wider scope, faster speed or greater intrusiveness alone, but in their arrival at a time of subdued global macroeconomic dynamism,” said Mr. Richard Kozul-Wright, Director of the UNCTAD Division on Globalization and Development Strategies. “This has held back the investment needed to create new sectors, where workers...

ITC e-learning courses on Trade in services and E-Commerce for SMEs start soon. Register now!

ITC e-learning on trade in services starts on 18 September 2017. Register now! This course introduces participants to the different aspects of competitiveness in trade in services, with the aim of identifying specific actions to enhance it. The course lectures cover the importance of trade in services for a country's economy from a developmental perspective, the framework for assessing competitiveness in trade in services, and finally the role which Trade and Investment Support Institutions (TISIs) can play in supporting small and medium service enterprises through policy advocacy, sector development and capacity building. Particular focus is placed on value chains, as...

WEF: Finland has created a digital money system for refugees

Like many European countries, Finland is hosting migrants who have made their way – often in dangerous circumstances – to Europe in the past few years. Between January 2014 and June 2017, the Finnish immigration authority received 41,241 asylum applications, mostly from citizens of Iraq, Afghanistan, Syria, Somalia and Eritrea. Image: Lucify For those granted asylum, key challenges remained. Without identification papers, they faced a long wait to get work permits or bank accounts. And without access to financial services, they couldn’t bank their wages, pay bills, or start to recover their identities. So one Finnish start-up came up with...

Are women entrepreneurs the key to global economic development?

Why are women entrepreneurs important? Existing information shows that women-owned small and medium enterprises globally tend to be concentrated in overall low-profitability or low-growth sectors. Retail, beauty and food services are among the sectors in which women focus. In Africa and Asia, about 75 percent of women are in these consumer-oriented sectors. “They are rarely in mining, construction, electronics and software,” Caren Grown, senior director for gender at the World Bank, explained to the audience. The problem is that this centers women in sectors that are low earning and domestically focused with low prospects of economic and business growth, which Grown...
14 September 2017

WEF: The Global Human Capital Report 2017

Human capital is a key factor for growth, development and competitiveness. Learning and working provide people with livelihoods, an opportunity to contribute to their societies and, often, meaning and identity. Workers’ skills lead to productivity and innovation in companies. The Global Human Capital Report 2017 just released by the World Economic Forum (WEF) aims to provide a holistic assessment of a country’s human capital—both current and expected—across its population. It enables effective comparisons across regions, generations and income groups. The methodology behind the rankings is intended to serve as a basis for time-series analysis that allows countries to track progress,...

ITU: Broadband playing increasingly important role in development, says new global report

UN Broadband Commission for Sustainable Development releases annual country-by-country data on state of broadband access worldwide Achieving Internet for All Mobile networks have brought voice and Internet services to billions of people around the globe over the last 25 years, and the technology is now accessible to nearly 50% of the world’s population. However, more than 50 percent of the world’s population still do not have Internet access. The most cost-efficient way to bring more people online is to leverage existing mobile network infrastructure. If this happens, covering 95% of the world’s population within five years’ time is within reach...As...
12 September 2017

IDB: Application for the 2017 WeXchange Pitch Competition is Now Open

The Pitch Competition is organized by MIF/IDB and NXTP Labs. The deadline is September 30 and applications are open to high-growth women entrepreneurs in Latin America and the Caribbean. The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, and NXTP Labs, the investment fund with the most active acceleration program in the region, announce the fifth edition of WeXchange, the leading forum for connecting and strengthening women entrepreneurs in Latin America and the Caribbean. WeXchange will be held on December 4 and 5 in Santiago, Chile. During the event, participants will have opportunities for networking, mentoring, and access to potential...

ITC support helps Bangladeshi 3D visualization company land major Swedish deal

Latitude-23 travelled to Stockholm for a B2B meeting and returned to Bangladesh with a 3D furniture-modelling contract for one of the world’s most valuable brands. by ITC News Latitude-23, a Bangladeshi visualization studio expanding its international reach after landing a lucrative contract with a Netherlands-based multinational furniture company. The contract was secured at a business-to-business (B2B) meeting in Stockholm last year, which organized by the International Trade Centre (ITC). Based in Dhaka, Latitude-23 is Bangladesh’s first visualization studio to work globally. It creates high-end three-dimensional models for clients around the world who want to be able to sit in front...
11 September 2017

UNESCAP and ADB: Better Trade Facilitation Could Reduce Trade Costs in Asia by Up to 9% Annually — Report

A new report on TRADE FACILITATION AND BETTER CONNECTIVITY FOR AN INCLUSIVE ASIA AND PACIFIC YOGYAKARTA, INDONESIA (5 September 2017) Improved trade facilitation — the simplification, modernization, and harmonization of export and import processes — can reduce trade costs by up to 9% in Asia and the Pacific, according to a new joint report by the Asian Development Bank (ADB) and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) launched today on the sidelines of the Asia-Pacific Trade Facilitation Forum in Yogyakarta. The report, Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific, highlights...

The major challenges SMEs face when exporting abroad

Discover what it takes for a small business in a developing country to export- including through digital channels. There are many challenges faced by small and medium sized businesses (SMEs) when selling abroad. The International Trade Center (ICT), one of the eTrade for all partners, provides entrepreneurs in developing countries with hands-on training, advice and access to technologies to deal with complex issues such as payments, logistics, market requirements and promotion. Watch the ITC video developed with eTrade for all and hear about the constraints faced by businesses. Learn also what ITC does to help them navigate the different requirements...
3 September 2017

A bibliography of recent writings related to the work of UNCITRAL is now available

The monthly compilation for August of the bibliography of recent writings related to the work of UNCITRAL is now available. To know more www.uncitral.org.
2 September 2017

DiploFoundation joins the eTrade for All initiative

DiploFoundation has become a member of the eTrade for All initiative, launched during the 2017 UNCTAD E-commerce Week. The initiative aims to expand the positive impact of e-commerce on development. It provides a hub for actors to find information, offer resources, build partnerships and receive the support they need to strengthen digital trade. ‘Leveraging e-commerce is a challenge that requires joint multistakeholder action and the initiative provides the perfect framework for collaboration’, observed Dr Jovan Kurbalija, director of DiploFoundation and Head of the Geneva Internet Platform. The eTrade for All initiative can also serve as a vehicle for supporting the...

WTO: Forecasting infrastructure investment needs for 50 countries, 7 sectors through 2040

The Global Infrastructure Outlook is a landmark country-based online tool and report developed by the Global Infrastructure Hub with Oxford Economics, which forecasts infrastructure investment needs across 50 countries and seven sectors to 2040. Although there are already forecasts for infrastructure investment in the market, the public and private sectors indicated their need for fresh, country-level data. Outlook was created to meet that knowledge gap. For the first time we have data about what each country needs to spend in each sector, and importantly – the gap between what needs to be spent and current spending trends. What do the...
1 September 2017

Discover the Digital Watch Newsletter, from the Geneva Internet Platform

Discover here a digest of the digital policy trends for July and August 2017 decoded, contextualized and analyzed for you by Digital Watch Observatory, Geneva Internet Platform.   

Bangladesh, Cambodia and China sign new UN treaty to strengthen digital trade in Asia-Pacific

Bangladesh, Cambodia and China today signed the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific, a new United Nations treaty aimed at strengthening digital trade in the region. “ESCAP Member States have played a leading role in the development of the trade agreement,” said Dr. Shamshad Akhtar, United Nations Under-Secretary-General and Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). “This agreement has the potential to harness the development dividends at the nexus of technology and trade, two key means of implementation for the 2030 Agenda for Sustainable...
22 August 2017

Beyond Fintech: A Pragmatic Assessment Of Disruptive Potential In Financial Services

Read there full report here For years Fintech has been the hottest topic of discussion in financial services, with incumbents, regulators, and consumers all asking the same question: “Will small technology-enabled ‘fintech’ start-ups redefine the way that banks and insurers operate, and upend the competitive landscape of the industry?” Building on the findings of the 2015 World Economic Forum report “The Future of Financial Services,” this document considers the evolution and impact of fintech firms on financial services to date and presents a series of contrasting outlooks for the future of the industry. Our findings suggest that fintechs have materially...

How is digitalization changing Asia?

By YONGFU HUANG Over recent years Asia and the Pacific has been turned from a digital factory reliant on cheap labor into a digital hub reliant on creative industry. It is home to 60% of the world’s population, which certainly means more opportunities for innovation and growth. The region’s new generations of digital natives are forerunners who could herald a new era where forthcoming advances are the norm with unfiltered feedback, exposure to global influence and dynamic cultures, while the days when information was owned by one source are long gone. Digitalization could be an important support for development outcomes...

Public-Private Priorities for Aid for Trade in the Digital Era

Business for eTrade Development, the private sector advisory group launched to guide eTrade for All and fuel public-private partnerships on ecommerce development, has launched its first report, "Public-Private Priorities for Aid for Trade in the Digital Era." Prepared by Business for eTrade's founder and board member Kati Suominen, the report formed part of the WTO's 2017 Aid for Trade Review volume and has been presented to delegates at the WTO, OECD, and the European Parliament.        OUR FIRST REPORT: PRIVATE SECTOR PRIORITIES FOR ECOMMERCE DEVELOPMENT By Kati Suominen Ecommerce is opening entirely new opportunities for developing countries to...
21 August 2017

The DiploFoundation has just joined eTrade for all

The DiploFoundation announced today their membership to the eTrade for all partnership. 25 members are now sharing the same vision to ensure that developing countries have easier access to information and resources to leverage their e-commerce opportunities.

ITU: ICT Facts and Figures 2017

ITU Facts and Figures shows that mobile broadband is more affordable than fixed broadband, mobile-broadband subscriptions have grown more than 20% annually in the last five years and are expected to reach 4.3 billion globally by end 2017.
17 August 2017

Everyone anywhere can now start an EU company with Passport

Paymentwall today launches Passport in a partnership with Estonia’s e-Residency program to help entrepreneurs from around the world establish and manage a business in the European Union. “We are delighted to be part of this groundbreaking initiative from Paymentwall”, explained Kaspar Korjus, Managing Director of e-Residency. “The business world does not have any shortage of ideas or talent, but financial barriers are still holding people back from their entrepreneurial potential – often just because of their location. E-Residency is aiming to democratize entrepreneurship globally by offering location independent company management, and Paymentwall Passport will help contribute to our shared goal...
15 August 2017

ITC Partnering with Japan to connect displaced Syrian women to markets

Traditional designs made by Syrian artisans are featured during the Fêtes de Genève to attract international buyers. by ITC News Buying goods and doing good – that’s the idea behind the showcasing of artisanal products made by displaced Syrian women at the Fêtes de Genève, an annual summer event in Geneva, from 3-13 August this year. The pop-up stand features traditional designs with a modern twist, from shirts to purses, glassware, soaps and more. All sales go directly to an association of internally displaced women living in Damascus, Syria, who receive specialized training to produce high-quality products for online sales....
14 August 2017

Connecting the dots for sustainable development: e-commerce and the SDG’s

Connecting the dots for sustainable development Written by Mukhisa Kituyi, Secretary-General of UNCTAD With a few swipes on a smartphone or clicks on a computer, these days many of us choose and purchase a wealth of goods and services without giving it a second thought. This is how the best technology works - so simple and easy to use that not so long ago it would have seemed like magic. But those of us concerned with improving the lives of people in developing countries know that there are systems behind the sorcery: policy systems that enable and reward innovation; economic...
8 August 2017

The new trade order and the fresh stimulus of e-commerce

The new trade order Bangkok Post (Thailand), Erich Parpart, 7 August 2017 We're now in a China-led world where support for free trade and multilateral agreements are concerned. But will the rest of Asia continue to buy in? The rise of anti-globalisation sentiment and trade protectionism in the United States and Europe has thrust China into a new role as the world champion of free trade and multilateral agreements, a role that would have been unthinkable even two decades ago. When President Donald Trump decided to pull the United States out of the Trans-Pacific Partnership (TPP), the focus shifted to...
4 August 2017

UNCTAD adviser, AlibabGroup’s Jack Ma, launches US$10 million African Young Entrepreneurs Fund.

Alibaba founder and executive chairman Jack Ma announced the creation of a US$10 million African Young Entrepreneurs Fund, during the Youth Connekt Africa Summit co-hosted by UNCTAD and the Government of Rwanda. “I want that fund supporting African online businesses,” said Mr. Ma, who is Special Adviser to UNCTAD for Youth Entrepreneurship and Small Business. “The money is set. This is my money, so I don’t have to get anybody’s approval,” he said, adding that he was poised to hire staff for the fund, set to begin operations this year. Mr. Ma said that he would also work with UNCTAD...
3 August 2017

WCO to unveil norms for e-commerce trade

WCO to unveil norms for e-commerce trade New Delhi,BUSINESS Customs body aims to address digital divide, illegal trade The World Customs Organization (WCO) will soon bring out guidelines on ‘cross-border e-commerce’, which will focus on preventing illegal trade as well as addressing the challenges stemming from the ‘digital divide’, according to the WCO Secretary General Kunio Mikuriya. In an interview to The Hindu on his recent India trip, Mr. Mikuriya said, “We are developing guidelines on e-commerce to see how best Customs can facilitate legitimate trade through that route.” He added, “We will address issues related to digital divide by...
2 August 2017

Faster, better and together: the road to inclusive e-commerce in Africa

"E-commerce has the potential to make a difference for development. But this will only be the case if we move faster, react better and move together" by Mukhisa Kituyi “Small is beautiful, small is powerful.” This is the creed embedded in the foundation of a global e-commerce giant: Alibaba. But the creed not only defines the genesis of a company. It also reflects the power and scope of e-commerce around the globe. This is what makes e-commerce so formidable: the possibility of turning a small firm into a global giant; the possibility of bringing new, better and cheaper products to...
27 July 2017

The Tech Revolution That’s Changing How We Measure Poverty

The world has an ambitious goal to end extreme poverty by 2030. But, without good poverty data, it is impossible to know whether we are making progress, or whether programs and policies are reaching those who are the most in need. Countries, often in partnership with the World Bank Group and other agencies, measure poverty and wellbeing using household surveys that help give policymakers a sense of who the poor are, where they live, and what is holding back their progress. Once a paper-and-pencil exercise, technology is beginning to revolutionize the field of household data collection, and the World Bank...
17 July 2017

ICT, Women and Digital Divide – Public-Private dialogue. Watch the inspiring messages of two Senior level professionals from the institutional and the business side

We have asked Mr. Cosmas Zavazava and Mr. James Kenneth Lockett, coming from the institutional and the business side to share with us their expectations out of the 2017 Global Review of Aid for Trade, the WTO-led initiative that helps developing countries, and particularly least developed countries, to leverage trade for sustainable development. https://www.youtube.com/watch?v=78ziCSDTFTs&feature=youtu.be

UN Commission on International Trade Law adopts the UNCITRAL Model Law on Electronic Transferable Records

VIENNA, 17 July (UN Information Service) –, The United Nations Commission on International Trade Law (UNCITRAL) adopted the UNCITRAL Model Law on Electronic Transferable Records (the "MLETR") on 13 July at its fiftieth session in Vienna. The MLETR legally enables the use of electronic transferable records that are functionally equivalent to transferable documents and instruments including bills of lading, bills of exchange, promissory notes and warehouse receipts. The use of electronic transferable records may bring a number of benefits to electronic commerce including speed and security of transmission as well as the possibility of reusing the information contained therein. Electronic...
14 July 2017

WSIS Forum 2017: Outcomes

WSIS Forum 2017: Key Achievements (Announcements, Launches, Agreements, Commitments)   UNGIS reiterated commitment to the implementation of the WSIS Action Lines and alignment of the WSIS and SDG processes. ITU was appointed as the Chair of UNGIS for the year 2017-2018 and the UN Regional Commission for Africa was appointed as the rotating Vice Chairman to strengthen the regional perspective.   UN Regional Commissions committed to strengthen the action at the regional level, providing the platforms for connecting the dots, i.e. all relevant stakeholders, with the aim of strengthening implementation of the WSIS Action Lines and alignment of WSIS and SDG processes....
13 July 2017

La fintech se popularise surtout dans les pays émergents

Selon une étude, les Chinois sont les principaux utilisateurs d'applications financières. L'Inde suit, tandis que les pays développés sont à la traîne Plus de deux personnes sur trois. En Chine, l'utilisation de la fintech s'élargit toujours plus. 69% des Chinois sondés par la société de conseil EY ont utilisé au moins deux applications financières au cours des six derniers mois. Parmi les 20 pays observés par le cabinet de consultants, c'est le plus à la pointe. La Chine, en outre, n'est pas seulement une grande utilisatrice, elle est aussi une grande productrice de solutions fintech. Les acteurs chinois du secteur...

Harnessing Digitalisation – featuring in the G20 Leaders´ Declaration

Harnessing Digitalisation: Digital transformation is a driving force of global, innovative, inclusive and sustainable growth and can contribute to reducing inequality and achieving the goals of the 2030 Agenda for Sustainable Development. To this end, we need to bridge digital divides along multiple dimensions, including income, age, geography and gender. We will strive to ensure that all our citizens are digitally connected by 2025 and especially welcome infrastructure development in low-income countries in that regard. We will promote digital literacy and digital skills in all forms of education and life-long learning. We recognise that information and communication technology (ICT) plays...
10 July 2017

WCO supports the West and Central Africa Region on Digital Customs & E-Commerce

The World Customs Organization (WCO) with the support from the Japanese Customs Cooperation Fund (CCF/Japan) and the Burkina Faso General Directorate of Customs will conduct a Regional Workshop on E-Commerce and Digital Customs for the 23 Members of the West and Central Africa Region from 21 to 24 August 2017, at the Regional Training Centre in Ouagadougou, Burkina Faso. The Workshop is aimed at improving knowledge and strengthening the existing capabilities of Customs administrations of the West and Central Africa Region on issues concerning  international and regional developments, including opportunities, challenges and potential solutions in the area of cross-border E-Commerce and Digital Customs. Furthermore,...
EL COMERCIO DIGITAL SEA MÁS INCLUSIVO
8 July 2017

IDB: How can we make digital trade more inclusive?

From the Inter-American Development Bank: The rapid growth of the internet and other information and communication technologies (ICTs) is changing the way we do business, consume, produce and interact with one another. ICTs are reducing traditional trade barriers like distance and time, allowing businesses and consumers around the globe to connect and trade. This has led to the rapid growth of digital trade, or “e-commerce”. In 2013, there were 85 million online buyers in Latin America – that’s almost 10% of global online buyers. By 2018, online buyers in Latin America will total 140 million, which represents a 64% increase...
6 July 2017

Exclusive interview with Ms. Mere Falemaka on E-Commerce in Pacific Islands Region – Challenges and opportunities

https://www.youtube.com/watch?v=Mui4bfcUG6g Ms. Mere Falemaka, Permanent Representative of the Pacific Islands Forum to the WTO in Geneva, shared with us some precious insights about the specificities of the region.
4 July 2017

Release of the African Economic Outlook 2017 edition: Special theme – Entrepreneurship and Industrialisation

The annual African Economic Outlook (AEO) monitors the continent’s state of affairs using a collaborative approach. The AEO assesses the recent economic and social situation in Africa, projects likely developments for the near future and explores a special theme on the structure of African economies. The AEO 2017, the 16th edition, examines entrepreneurship and industrialisation in Africa. The report results from a unique partnership between three international organisations: the African Development Bank, the OECD Development Centre and the United Nations Development Programme. The annual African Economic Outlook (AEO) monitors the continent’s state of affairs using a collaborative approach. The AEO...
1 July 2017

Digital radically changes global investment patterns. Exclusive interview with Mr. Richard Bolwijn, Division on Investment and Enterprise, UNCTAD

Discover here our interview with Mr. Richard Bolwijn, Division on Investment and Enterprise, UNCTAD Mr. Richard Bolwijn, a Senior staff member from the Division on Investment and Enterprise at UNCTAD in charge of the production of the report, sheds some light on the radical changes the digital is bringing about in global international investment flows. He also comments on how this is particularly affecting the developing economies.
29 June 2017

The World Economic Forum (WEF) joins eTrade for all

The World Economic Forum is the 24th member, since the creation of the eTrade for all initiative in July 2016, to join efforts to help developing countries unlock the potential of e-commerce. The Forum has joined a consortium of international and regional organizations, regional banks and national entities working with 33 private sector partners, grouped in the Business for eTrade Development, to facilitate development countries' access to information and resources to foster development gains from e-commerce. “We welcome the opportunity to work together with the eTrade for all community in boosting the development impact of e-commerce”, commented Mr. Richard Samans, Managing...
22 June 2017

The latest iteration of the Global Cyber-security Index (GCI). Estonia ranks best in Europe…

Estonian cyber-security ranks best in Europe, fifth in the world Estonia's cyber-space estate has been ranked as having the best cyber-security in Europe, and the fifth best in the world. This recognition of cyber excellence for a country that is seen as being an innovator in internet-enabled government was announced at the World Summit on Information Society Forum 2017 on Thursday, where the International Telecommunication Union (ITU) introduced the latest iteration of its Global Cyber-security Index (GCI). To read the full article please click here About the Global Cyber-security Index (GCI) The 2017 publication of the GCI continues to show...

Digital Trade in Europe and Central Asia

The Internet has increased firms’ potential to produce new goods and services, and serve new markets in Europe and Central Asia. The Internet greatly increases firms’ potential to produce new goods and services for new markets. The Internet is also having a dramatic impact on services, especially in the retail, trade, and finance sectors, by enabling firms to digitize their products and deliver them over long distances. We consider how the Internet can increase exports by reducing trade costs, discuss how e-commerce is transforming sales to both domestic and foreign consumers, and consider how the Internet is making firms more...
20 June 2017

Realising the potential of Africa’s youth

"UNCTAD is proud to partner with the Government of Rwanda to champion youth technology entrepreneurship across the continent", said UNCTAD Secretary-General Mukhisa Kituyi. "It is our duty to create opportunities for young people to shape their future and become innovators and successful African entrepreneurs," Dr. Kituyi said, adding that investing in youth will not only help build hope in Africa's future generations, but will also help implement the 2030 Agenda for Sustainable Development. The summit, themed "Realizing Africa's Youth Potential", will bring together more than 2,500 delegates, including Jack Ma, founder and executive chairman of Alibaba Group and special advisor...
13 June 2017

eTrade for all recognized as a Champion at the WSIS Prizes 2017

WSIS Prizes honor outstanding projects that leverage the power of information and communication technology (ICT) to accelerate socio-economic development.     With over 1.1 million votes cast by the community of stakeholders in the World Summit of the Information Society (WSIS) process, and out of  345 ICT success stories from around the world, eTrade for All was among the first five most voted projects in the category ICT Applications: E-Business, making it a WSIS Prizes Champion. During the WSIS Prizes Ceremony on 13 June, UNCTAD, together with UNECE and UPU, received the Champion certificate from the hands of the ITU Secretary...
9 June 2017

As booming digital economy sprints past poor countries, UN report urges closing investment divide

7 June 2017 Even though digital multinational enterprises – Internet and e-commerce platforms such as Uber, Instagram and Facebook – witnessed “dramatic” growth over the past few years, more than 60 of the top 100 such ventures were concentrated in three countries (the United States, the United Kingdom and Germany), leaving much room to grow elsewhere, a new, ground-breaking United Nations report has revealed. According to the World Investment Report 2017: Investment and the Digital Economy, released today by the UN Conference on Trade and Development (UNCTAD), only four companies in the top 100 were based developing nations.    ...
2 June 2017

UN highlights critical role of science, technology and innovation in achieving the SDGs

The United Nations Commission on Science and Technology for Development concluded its twentieth session on the evening of 12 May with countries reaffirming its role as the United Nations torch-bearer for science, technology and innovation for development. The United Nations Commission on Science and Technology for Development (UN CSTD) acknowledged that many technological and development gaps still remain.  The gender gap was stressed in particular and countries highlighted existing digital and science, technology, engineering, and mathematics gender divides and recommended key policy options for countries and the international community to make progress in closing science and technology related gender gaps....

A new banking and bookkeeping digital solution available for e-Residency programme members

Last week, Holvi, a Finnish financial institution and e-Residency launched a partnership that will provide access to EU business banking to everyone in the world who has established a business through e-Residency. In addition, e-Residency will provide an e-commerce “business toolset”, that includes, among other things, digital invoicing and bookkeeping, and the ability to set up an online store in minutes to start selling products internationally. You can learn more here: https://about.holvi.com/e-residents/   The rollout is gradual, so at the moment it is only open to residents of the European Economic Area, but in a few weeks it will be available internationally...
30 May 2017

ITC Trade Compass: Innovating with young entrepreneurs

In this episode of Trade Compass, we think outside the box to explore innovative ideas, combining creativity and technology:http://bit.ly/2r40YOY - Hear from Dulith Herath, CEO of Sri Lanka's largest e-commerce company, who takes advantage of the sharing economy with his newest venture, Grasshoppers - Learn the concrete steps to take for even the smallest of businesses to get their products online - Meet three inspirational young entrepreneurs who create connections between seemingly unrelated ideas to launch new businesses Trade Compass is the video news programme of the International Trade Centre (ITC), the joint agency of the United Nations and the...
20 May 2017

The ITU data visualisation tool is a solution

The ITUdata visualisation toolis a solution in the TradeForAll area of ICT infrastructure and services - Try it! http://www.itu.int/net4/ITU-D/idi/2016/index.html
18 May 2017

Inclusive E-Commerce: UNCTAD E-Commerce Week Interviews

E-commerce offers growth potential for the postal industry – but certain barriers must be overcome. Hear from the experience of Mr. Bishar Abdirahman Hussein - Director General, Universal Postal Union (UPU) https://www.youtube.com/embed/ik2W4_TfKDg The growth of e-commerce markets for goods, services and information is closely linked to consumer trust. Consumers take an increasingly active part in these markets, which are growing in size and number of customers. Well-tailored consumer protections are essential for the further development of these markets to the benefit of consumers and businesses alike. Hear from the experience of Ms Amanda Long - Director-General, Consumer International https://www.youtube.com/watch?v=LUGiwGc0eHA For...
17 May 2017

eTrade for all WSIS Prizes 2017 Champion!

Out of 345 nominated ICT success stories from around the world for the Online Voting Phase (30 March – 30 April), following a comprehensive review by the Expert Group of 467 submitted projects submitted by the WSIS Stakeholder community, eTrade for all was among those first five most voted in the category ICT Applications: E-Business. Therefore, the eTradeForAll initiative has been chosen as a champion in WSIS Prizes 2017 category 8, action line C7 ebusiness. WSIS Prize 2017 Winners will be announced to the public during the WSIS Prize 2017 Ceremony at the WSIS Forum 2017 on 13 June 2017.
16 May 2017

Global survey reveals that most people are ill equipped to deal with ransomware

Friday’s ransomware attack, which affected 200,000 computer systems in 150 countries and crippled hospitals across the United Kingdom, is a frightening reminder of how much damage can be done by this type of malicious cyberattack. A new global survey of Internet users in 23 countries and Hong Kong (China) reveals that most people are ill equipped to deal with ransomware. “It is simply unacceptable that people do not get the care they need because of cybercriminals attacking hospitals. We have a shared responsibility to collaboratively get this under control,” says Kathy Brown, President and Chief Executive Officer of the Internet...
12 May 2017

UNCTAD, business, governments & civil society work together to develop the best strategies for inclusive e-commerce

Mukhisa Kituyi and Jack Ma through the lens of a youth representative. Under the theme of "Towards Inclusive E-Commerce", over 900 people from 99 countries met in Geneva from April 24-28. Attendees represented government, international organizations, the private sector and civil society. Participants acknowledged that there are many challenges to overcome, including infrastructure, cybercrime, lack of trust in the internet and online shopping and enabling the inclusion of women, youth, rural businesses, Least Developed Countries (LDCs) and more. Gathering leading minds from business, government, youth, the international community and civil society, the UNCTAD E-Commerce Week explored practical strategies to tackle...
10 May 2017

WITSA A Proud Partner of the Newly Launched eTrade for All Online Platform

WITSA A Proud Partner of the Newly Launched eTrade for All Online Platform Chairman and Secretary General participate in first gathering of stakeholders of the global initiative  Geneva, April 28, 2017: WITSA Chairman, Yvonne Chiu and Secretary General, Dr. Jim Poisant welcomed the launch of the eTrade for All Online Platform, a key milestone for the initiative, which was launched at the United Nations Conference on Trade and Development (UNCTAD) Ministerial Conference #14 in Nairobi in July 2016. Ms. Chiu and Dr. Poisant, in Geneva, attended the third annual edition of the UNCTAD E-Commerce Week, with the theme "Towards Inclusive...

E-Commerce Serving Mostly Rich Economies; UNCTAD Launches Online Platform For Inclusivity

Electronic commerce is booming but mostly for high income economies, speakers said at the United Nations Conference on Trade and Development (UNCTAD), which is holding a weeklong event on digital trade. Technical assistance is needed for developing countries to hop on the e-commerce train, they said, as UNCTAD launched a platform designed to help developing countries navigate the arcane of electronic trade. On 25 April, UNCTAD launched its “eTrade for all Online Platform” during one of the sessions of its “E-Commerce Week.” Finland, Sweden, South Korea and the United Kingdom financially contributed to the project. Several developing country ministers praised...

UN and e-Residency join forces to empower entrepreneurs in the developing world

The UN Conference on Trade and Development (UNCTAD) has gathered global policy makers and leading entrepreneurs in Geneva for e-Commerce Week. They’ll hear how Estonia’s e-Residency programme has joined forces with UNCTAD for its groundbreaking initiative, e-Trade For All, which can help unlock global growth by giving more people the power to start a business online. “We have to build a world that is more transparent, a world that is more inclusive, a world that cares about others and empowers others.” — Jack Ma Jack Ma worked as a teacher before starting his first online business and didn’t acquire his first computer...
4 May 2017

UNCTAD e-commerce Week 2017: Putting people at the heart of the digital economy

Consumers International Blog (Switzerland), 26 April 2017 To mark UNCTAD e-commerce week (24-28 April 2017), Consumers International’s Director General Amanda Long outlines the need for a fairer and more inclusive digital economy that is built on consumer protection and trust. It goes without saying that people are at the heart of digital transformation. People as consumers, as citizens, as families, friends and employees, as students or as business owners. For many people, e-commerce is the gateway to the digital world and the wealth of social and economic opportunities it provides. It is where we buy and compare products, transfer our...

Friends of E-commerce for Development Launch Roadmap for International Trade and Development Policy

The ministers from Friends of E-commerce for Development (FED) members, namely Argentina, Chile, Colombia, Costa Rica, Kenya, Mexico, Nigeria, Pakistan, Sri Lanka, Uruguay, acknowledged E-Commerce as a tool to drive growth, narrow the digital divide and generate digital solutions for Developing and Least Developed Countries (LDCs). "We are proud to host this ministerial meeting and welcome your efforts at advancing the discussion on the link between e-commerce, trade and development', said UNCTAD Secretary-General Mukhisa Kituyi. Dr. Kituyi added that it was imperative to find together ways to bridge the digital divide, notably by helping developing countries to overcome remaining barriers...
18 April 2017

WSIS Prizes 2017

WSIS Prizes is a unique international contest developed in response to requests from the WSIS stakeholders to create an effective mechanism to evaluate and recognize individuals, governments, civil society, local, regional and international agencies, research institutions and private-sector companies for outstanding success in implementing development oriented strategies that leverage the power of ICTs as an enabler of the development. The WSIS Prizes contest is an integral part of the WSIS stocktaking process; set up in 2004 to assist WSIS implementation and follow-up. The contest was held for the first time in 2012, and rapidly gained attention and popularity within the...

Measuring the environment for e-commerce: A new tool

In order to promote e-commerce for development, policymakers and analysts increasingly want to know what the conditions are in their countries to support online business activity, and how their countries stack up against others. To this end, the multi-stakeholder eTrade for All initiative, an initiative launched in 2016 at the UNCTAD Ministerial Conference in Nairobi to improve the ability of developing countries and countries with economies in transition to engage in and benefit from e-commerce, has developed a new tool for assessing the e-trade environment at the country level. This tool was developed jointly by UNCTAD and the World Bank...