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15th Pan Asian E-Commerce Alliance
Steering Committee Meeting in Malaysia
 (Hong
Kong, 24 May 2004) The Pan-Asian E-Commerce Alliance, known as
PAA, met for the 15th time, in Langkawi, Malaysia from 17th May
to 21st May 2004. Established in July 2000, it is the first regional
e-Commerce alliance in Asia that promotes and provides secure
and reliable IT infrastructure to facilitate 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. CAT Telecom Public Co. Ltd. from
Thailand participated in the meeting as an observer.
Dato' Seri Rafidah Aziz, the Minister of International Trade
and Industry Malaysia officiated the opening of the meeting. Dato'
Seri Rafidah made it very clear the Malaysian Government fully
recognized PAA effort and the value it brought to the promotion
of cross border electronic trade. At the same time, Dato' Seri
Rafidah encouraged PAA to expand the scope to cover all ASEAN
members and other parts of the world.
The PAA working group reported further progress in various projects,
and highlighted the achievements in secure cross border electronic
transaction services. As examples, transactions between Hyundai
Motor of Korea and Metal One of Japan were carried out successfully,
and new hubs were recruited for inclusion in these services.
On becoming an associate member of AFACT, the Asia Pacific chapter
of the UN/CEFACT, which is the UN/EDIFACT standard setting body,
Dr. Chen Jenn-Nan, Chairman of the PAA and CEO of Trade-Van said,
"This is a significant recognition of PAA's contribution
in promoting and facilitating the cross border services in the
Asian region." He further added that, "I would like
to stress that the success of the PAA services would not have
been possible without the full cooperation and support of all
the members." Commercial transactions of the PAA services
have been ongoing since July, 2003.
Dr. Chen has also been invited to address the 1st APEC e-Commerce
Business Alliance Forum to be held in Yantai, China from 15th-16th
June, 2004 to share the value of PAA services in APEC initiatives.
For financial fulfillment and settlement services, both Bolero
and TradeCard have approached PAA with proposals for collaboration.
The 16th Steering Committee Meeting is scheduled to be held in
Macau in August 2004.
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For press enquiries, please contact Tradelink (Corporate Communications)
on 2599 1686.
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