Tradelink Electronic Commerce Limited (“Tradelink”, SEHK: 0536), as Hong Kong’s representative member in the Pan Asian e-Commerce Alliance (“PAA”), attended the 52nd PAA Steering Committee meeting, hosted by Korea Trade Network (“KTNET”) from 21st to 22nd April 2016 in Jeju, Korea. The meeting brought 11 members together to explore and formulate renewal collaborating strategies for tapping the fast-moving development in cross-border paperless trade.
Mr Kwanghyun SEO, CEO & President of KTNET expressed his welcome to PAA members and recognised the contribution from PAA providing an excellent platform for collaborations. PAA has gained the respect of international organisations for its contribution to cross-border paperless trade facilitation. Mr Choi, Wonho, Executive Managing Director of Korea International Trade Association also expressed a warm welcome to PAA members from 11 member economies and appreciated their contributions to the regional e-commerce development with their know-how in technology.
PAA Chairman, Mr. Francis Lopez, drew attention to the PAA members’ effort to adopt new initiatives and technologies to enhance their competitiveness. Continuous participation in the initiatives of APEC, UNESCAP, UNCITRAL and other international organisations, allows PAA to share its expertise and experience in facilitating paperless trade. “Even though the PAA turned 16 this year, we continue to find ways to innovate and incorporate new ideas into our collaboration. We cannot focus only on our respective economies, but also on enabling our clients with global electronic trade services.” Mr. Lopez said.
Leveraging on the new initiatives from members, the PAA has agreed on new collaborative projects to enhance services to the respective customers. The HS Code Classification Service facilitates the selection of the right HS Code for products, and the Trader Performance Report Service provides reliable information on the actual exports of traders. These will complement the PAA e-Marketplace (PAE) and facilitate compliance with Customs procedures and provide credible information to traders, banks and lending institutions. Moreover, the PAA has agreed to pursue integrated global trade services in collaboration with other service providers.
The 53rd PAA Steering Committee Meeting will be held in Bandung, Indonesia on 11th to 12th August 2016.
