CAREC countries are making progress toward enabling e-commerce as automation improves, infrastructure spreads to rural areas, and regional cooperation promotes cross-border exchanges.
Peer-to-peer data sharing is being tested in Georgia, Cambodia, Indonesia, and Myanmar.
The progress of digitization in trade is being driven by the objective of cost reduction – not inclusion.
Public open trading windows, smart contracts, or government-issued e-currency are just a few examples of how digitization is changing how people trade.
An analysis of the online presence of 300 Samoan websites offers a glimpse into how Pacific SMEs operate in the digital space.
While trade and finance are changing dramatically, trade finance is shifting more slowly. What does this mean for SMEs?
Digital solutions can help fill in the trade finance gap for SMEs in Asia and the Pacific.