We spoke at two panels - Development and E-commerce: Rules and Cooperation Beyond Buenos Aires, and Online Platforms & Trade and Development: Impact and Enabling Frameworks, during the biennial Trade and Sustainable Development Symposium, organized by the International Centre for Trade and Sustainable Development (ICTSD) and held alongside the WTO ministerial conference in Buenos Aires 11-13 December.
The center of global economic gravity is shifting from the holders of physical assets to owners of digital networks and distribution. The benefits from digitization are transformational. Yet the trade ecosystem lags other industries: players are digitizing only gradually, and do not interoperate optimally. Paper-based, manual processes remain common, perpetuating duplication of efforts, curtailing scale economies, and causing unnecessary delays in trade transactions – and imp