E-commerce in Central Asia is ready to go mainstream. One of the snags holding it back is the absence of streamlined merchant solutions. The various methods to accept the online payment from the client and process the transaction are collectively called the merchant solutions. According to the website Carat, to accept online payments, both small […]
Central Asia is going to build up e-commerce capacity
The International Trade Centre’s EU-funded Ready4Trade Central Asia project organized a conference on “Harnessing the potential of e-commerce in Central Asia” with a two-day study tour in Dubai on 7-9 March, ITC reported. Central Asia’s e-commerce industry is growing rapidly, driven by increasing internet penetration and mobile phone use, as well as a growing middle […]
Countries kick off implementation of first-ever international agreement on facilitation of cross-border paperless trade
Countries today started implementing the first United Nations agreement dedicated entirely to accelerating cross-border trade digitalization at the first session of the Paperless Trade Council, convened in Bangkok under ESCAP auspices. The Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific is a UN treaty developed by ESCAP member States to […]