Germany supports the United Nations Conference for Trade and Development (UNCTAD) enhancing e-Trade in developing countries
Enlarge image (© UNCTAD)
Signing of the project arrangement „e-T.Ready“ by Ambassador Dr. Ulrich Seidenberger and Deputy Secretary General of UNCTAD Isabelle Durant.
E-commerce and digitalization are key issues for economic development, especially in the least developed countries of our world (LDCs). Therefore, over the course of the German G-20 presidency and during this year’s „UNCTAD-eCommerce-week“, Germany collaborated closely with UNCTAD in the field of eTrade. Previous commitment is now to be continued by another German contribution amounting to 750,000€ (2018/19) for the UNCTAD project „Rapid E-Trade Readiness Assessment of LDCs”.
The project evaluates and analyses the current state of a country’s digitalization process and, further, determines purposeful strategies and measures concerning the development of digital infrastructure, legal frameworks and financial recommendations. The envisaged 15 tailor-made reviews on requirements, pathways and opportunities for the improvement of eTrade in the poorest countries of the world will serve as innovative assistance projects – as the assessments of Bhutan and Cambodia have already proven. Moreover, the outcomes of the „Rapid E-Trade Readiness Assessment of LDCs” will guide the direction for German development cooperation in the field of e-commerce.
Additionally, the German Federal Ministry for Economic Cooperation and Development (BMZ) as well as the Permanent Mission of Germany in Geneva have already accompanied the launch of the e-T.Ready platform at the “UNCTAD eCommerce-week” in April this year and will continuously promote technical cooperation with UNCTAD within the field of enhancing electronic trade and digital economy.