Optimizing trade policy for ecommerce - Nextrade Co-Sponsors Discussion

In tandem with Huawei and eBay, Nextrade co-sponsored a lunch on trade policy priorities for the WTO Ministerial and beyond in December 2017 during the UNCTAD Ecommerce Week in Geneva. The lineup included:

  • H.E. Mr. Alvaro Cedeño, Ambassador of Costa Rica to the WTO

  • Mr. Simon Lacey, Senior Expert for Trade Facilitation and Market Access, Huawei Technologies

  • Mr. Marc Refabert, Managing director, Fromages.com

  • Mr. John Danilovich, Secretary General, International Chamber of Commerce

  • Dr. Kati Suominen, Founder and CEO, Nextrade Group

Hanne Melin from eBay moderated.

CEO Kati Suominen made a presentation on policy priorities based on developing country businesses' views on ecommerce, as shown in Nextrade survey of over 3,000 companies in 16 developing countries. She emphasized the need for:

1. Critical importance of better logistics and customs procedures, to unlock small business trade. The silver bullet for removing delays and costs for small businesses at the border is a plurilateral on de minimis.

2. Clear and consistent rules on legal liability of internet intermediaries, copyright and IP rules, and consumer protection laws.

3. Focus on access to capital - especially fast-disbursing microloans for microenterprises for domestic ecommerce and trade finance - backed by export-import banks of in different countries.

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