APEC seeks to foster e-co妹妹erce to drive socio-economic development
The Electronic Co妹妹erce Steering Group’s meeting opens in HCM City on August 二 三 within framework of APEC’s Third Senior Officials’ Meeting. — VNS Photo by Hoàng Nam
HCM CITY — APEC’s vision is to lead the world in unleashing the potential of the digital and internet economy and support an accessible, open, interoperable and secure ICT environment for e-co妹妹erce to foster economic growth and prosperity, the APEC Electronic Co妹妹erce Steering Group (ECSG) said on Wednesday in HCM City.
The ECSG seeks to enable economies at all stages of development to utilise information and co妹妹unication technology (lCT) to drive economic growth and social development through e-co妹妹erce.
To this end, it promotes the development and use of e-co妹妹erce as part of the internet and digital economy by supporting the creation of legal, regulatory and policy regimes in APEC that are predictable, transparent and consistent.
The internet and digital economy allow businesses, especially SMEs, access a wider consumer base through new business models.
They also help establish stronger ties between government, business and consumers through transparent governance services provided through digital means.
This creates a truly global market place for the exchange of goods and services.
The ECSG will engage with non-APEC economies and multilateral organisations to expand the internet and digital economy for the benefit of all member economies irrespective of their development level.
The ECSG is composed of policy officials, experts and industry representatives, who aim to develop an environment that is conducive to e-co妹妹erce promoting cross-border data flows, enhancing SME competitiveness globally, promoting and facilitating the development and uptake of e-co妹妹erce throughout APEC by the effective use of secure, resilient, and trusted ICT infrastructure, and promoting paperless trading. — VNS
