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14th Pan Asian E-Commerce Alliance Steering
Committee Meeting in Seoul
(Hong Kong, 19 February 2004) The Pan-Asian E-Commerce Alliance,
known as PAA, established in July 2000, is the first regional
e-Commerce alliance in Asia that promotes and provides secure
and reliable IT infrastructure and facilities for efficient global
trade and logistics. Current PAA Members comprise Tradelink of
Hong Kong, Trade-Van of Chinese Taipei, CrimsonLogic of Singapore,
KTNET of Korea, CIECC of China, TEDI Club of Japan, Dagang Net
of Malaysia and TEDMEV of Macau. The 14th PAA Steering Committee
meeting was hosted by KTNET in Seoul from 12th to 13th February
2004. CAT Telecom Public Co. Ltd. from Thailand participated in
the meeting as an observer.
New hub users have joined the PAA Secure Cross Border Transaction
Service. As a notable example, CIECC and Trade-Van recruited ABIT,
a world-class motherboard manufacturer in Chinese Taipei, to conduct
electronic transactions with its global production factory, Rolly,
in Suzhou China.
Mr. Park Bong-Kyu, Deputy Minister for Trade and Investment Policy
of the Ministry of Commerce, Industry & Energy Korea, extended
his warm welcome to PAA members and his strong support for the
PAA Initiatives. Dr. Lee Suk Young, Vice Chairman and CEO, Korea
International Trade Association also expressed great satisfaction
with the progress of the PAA and reiterated the very high recognition
of the PAA in Korea, especially amongst the business community.
Dr. Chen Jenn-Nan, Chairman of the PAA and CEO of Trade-Van said,
"It is pleasing to note that the PAA regions have the highest
growth in the world economy. To support this growth with greater
efficiency , the impetus to paperless trade is stronger here than
in most other regions in the world. We are glad that the PAA in
its small way, is helping APEC achieve its goal for paperless
trade, through its initiatives in secure cross border electronic
transaction services and its global visibility platform to provide
door-to-door cargo tracking."
Other initiatives discussed by the Steering Committee include:
- A title repository to facilitate the online title document
transfer for cargo shipments.
- Further expansion of its global visibility platform (cargo
tracking service) to more PAA customers to track the status
and location of their cargo shipments.
- Collaboration with UN/CEFACT on the possible adoption of
the ebXML Core Component approach for an international document
modeling standard.
The 15th Steering Committee Meeting is scheduled to be held in
Malaysia in May 2004.
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For press enquiries, please contact Tradelink (Corporate Communications)
on 2599 1686.
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