ADB-ESCAP Workshop on Promoting E-commerce in Asia and the Pacific: a Holistic Approach
E-commerce facilitates business and trade, leading to economic growth and job creation due to lower entry barriers to markets and a reduction in the transaction costs for doing business. SMEs and local start-ups could be the prime beneficiary of e-commerce through reduced costs and improved market access.
To realize the growth potential of e-commerce and cross-border e-commerce, governments must take more proactive policy measures, while multilateral organizations and the private sector should cooperate in fostering conducive environments. ADB and ESCAP support various activities and initiatives promoting e-commerce in Asia and the Pacific. Among others, ADB and ESCAP have recently published a report titled “Embracing the E-commerce Revolution in Asia and the Pacific”.
Against this backdrop, the workshop aims to identify programmatic approaches for promoting e-commerce and cross-border e-commerce in the participating countries of the workshop. The participants from governments, international development partners, academia and private sector from the selected developing countries in Asia and the Pacific will join the workshop. In addition, ADB staff directly related to ADB’s operations in trade facilitation and finance sector will participate and join discussion on how ADB and ESCAP can support developing countries in enhancing e-commerce and cross-border e-commerce.