Magazine article International Trade Forum

Export Development in the Digital Economy

Magazine article International Trade Forum

Export Development in the Digital Economy

Article excerpt

ITC NEWS

ITC Executive Forum

For the second time, ITC organized an Executive Forum event, in order to assess the implications of cutting-- edge trade development trends for export strategy-makers (Montreux, Switzerland, 27-30 September 2000). This year's topic was "Export Development in the Digital Economy". Supported by the Swiss secretariat of economic affairs (seco), the event gathered export strategy-makers and business leaders from 24 developing and transition economies, along with e-commerce experts and international organizations.

The conference looked at realities, opportunities and best practices for e-commerce. Participants assessed how countries can build competence in e-commerce, and use it as a springboard to develop exports. The conference identified best practices on developing e-trade export strategies for trade development professionals and businesses. Participants highlighted that:

* E-commerce is changing how international transactions are initiated and managed. It is also reshaping relationships between buyers and sellers and between consumers and producers.

* E-commerce is redefining the roles of the public and private sectors in developing e-trade capability. In some areas, the private sector must take the lead. Yet public-sector organizations need to take a stronger role in developing ecompetency among enterprises.

* The quality of public-private sector partnerships, and their ability to take concerted action, will distinguish winners from losers in the digital economy.

Bringing Montreux to a wider audience

The Executive Forum was more than a three-day event. …

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