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Pan-Asian E-Commerce Alliance Meets in Hong
Kong
(26 AUGUST 2002, HONG KONG) The Pan-Asian E-Commerce Alliance
(PAA) held its 9th Steering Committee Meeting in Hong Kong from
22 to 23 August 2002. The meeting was attended by Tradelink, CrimsonLogic,
Infoshare, KTNET, Trade-Van, TEDI Club and DagangNet. Representatives
from TEDMEV of Macau attended the meeting as observers by invitation.
Speaking on behalf of the Alliance after the meeting, Mr. Justin
Yue, Chairman of the PAA and CEO of Tradelink said, "We are
extremely pleased with the significant progress we made in our
various projects since our last meeting in Singapore. Under our
Certification Authority Mutual Recognition Scheme, recognition
has just been granted to TradeSign of Korea. That makes a total
of 4 Certification Authorities recognised under the Scheme."
Certification Authorities previously recognised include Digi-Sign
of Hong Kong, TaiCA of Taiwan, and Netrust of Singapore. Application
for recognition has also been received from CIECC's Certification
Authority in China and recognition is expected to be granted prior
to the next PAA Steering Committee Meeting in November 2002.
Members of the PAA noted the progress they were making with the
pilot of the Secure Cross Border Transaction Service. Given the
momentum being created, the Steering Committee focused on the
way to expand the commercial documents set, such as Bills of Lading,
to meet the needs of users.
CrimsonLogic delivered a demonstration on the latest version
of the Pan-Asian Portal, www.paa.net. The PAA Steering Committee
agreed to release the Portal to the public. The PAA is committed
to make this the most informative gateway that all traders around
the world can use.
Other initiatives and co-operation possibilities discussed by
the Steering Committee include:
- upgrade of the PAA technical infrastructure.
- cargo tracking service currently being developed by KTNET
and Trade-Van. Both DagangNet and CrimsonLogic have confirmed
their intention to participate.
- an approach / presentation by CitiBank for possible co-operation
in financial settlement services.
Asked about his impression on attending the PAA Steering Committee
Meeting for the first time, Mr. Mathew Cheong, Managing Director
of TEDMEV, said he was very impressed with the relevance of what
the PAA is doing in relation to what TEDMEV is trying to achieve
in Macau. "I think we will definitely want to work more closely
with the PAA by participating in the various PAA projects. Perhaps
some time next year, we hope we will be in a position to apply
for membership in the PAA."
Tradelink hosted a welcome dinner for the 9th PAA Steering Committee,
at which Mr. Francis Ho, Permanent Secretary for Commerce, Industry
and Technology of the Hong Kong SAR Government was the Guest of
Honour. In his welcome note to the PAA members, Mr. Ho reaffirmed
the support of the Hong Kong SAR Government for the direction
and work of the PAA, noting in particular that Tradelink was set
up with the full support of the Government.
The 10th Steering Committee Meeting of the PAA will be held in
Tokyo, Japan on 21-22 November, 2002.
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For press enquiries, please contact Tradelink (Corporate Communications)
on 2599 1686.
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