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E-commerce discussions move forward among the group of the 71 at the WTO
Apr 19,2023
The group of seventy-one WTO member states that signed the Joint Statement on Electronic Commerce at the Eleventh WTO Ministerial Conference (MC11) met in the week of 16 to 20 April and started to put forward non-papers. The proposals were tabled by ...
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Blockchain-based micro financing for food retailers in Kenya
Apr 19,2023
Nairobi-based IBM researchers and Twiger Foods, a food distribution company, are using blockchain technology to help farmers obtain loans. 220 retailers in Kenya are using the platform. The financing system simplifies the challenges faced by small en...
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US Supreme Court holds hearing on online sales tax
Apr 19,2023
The US Supreme Court heard oral arguments in South Dakota v. Wayfair, a case dealing with the state's attempt to force out-of-state retailers to collect sales taxes when its residents make a purchase online. Internet retailers are only legally requir...
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Swedish Fintech company iZettle enters the e-commerce market
Apr 19,2023
The SwedishFintech company iZettle, which originally provided solutions for small businesses in the field of mobile payments, has launched its own e-commerce platform. iZettle E-commerce is available in the UK and Sweden since this week, and will be ...
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Amazon takes a step towards internationalization
Apr 18,2023
Amazon took a step towards internationalisation. The Amazon mobile app can now be switched to international shipping mode, which allows customers in markets where Amazon does not have a local presence to see products that can be shipped to their loca...
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Estonia seeks to increase transport of e-commerce goods through the country
Apr 18,2023
Estonian transport and communications companies in the e-commerce sector held meetings with partners in China to find opportunities to increase the transport of goods ordered online in e-commerce platforms through Estonia. Estonia expects that its fa...
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Australian government's tax plans may 'force' eBay to block Australian shoppers
Apr 18,2023
eBay has announced that it could block Australian shoppers from buying goods from abroad if the Australian government implements a plan to apply goods and services tax (GST) on all goods sold on eBay. Currently, GST does not apply to import...
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India announces new FDI rules to avoid hostile takeovers during COVID-19 pandemic
Apr 17,2023
The Indian government announced changes in the foreign direct investment (FDI) rules to curb 'opportunistic takeovers/acquisitions' from any entity that shares a land border with India during the COVID-19 pandemic. Although China is not mentioned by ...
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NGO against Counterfeiting and Piracy Watch-List
Apr 16,2023
A group of NGOs sent the letter to EU Trade Commissioner where they opposed the proposal to create a list of countries that do not adequately protect EU IP ("Counterfeiting and Piracy Watch-List"). In support of their allegations they raised the conc...
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2018 UNCTAD e-commerce week: development dimension of digital platforms
Apr 16,2023
The United Nations Conference on Trade and Development (UNCTAD) organised thee-Commerce Week 2018, from 16 to 20 April. The event brought together stakeholders to discuss development opportunities and challenges associated with the evolving digital e...
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Portugal uses AI platform to boost exports
Apr 15,2023
AICEP, Portugalia's state agency for the promotion of exports and investment, launched anartificial intelligence (AI) platform to help companies boost their exports. The platform -Portugal Exporta -uses machine learning, big data, and design thinking...
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The biggest US cryptocurrency exchange Coinbase goes for public sale
Apr 14,2023
Following the US SEC decision to grant the Coinbase a public sale of its stocks, on April 14, the Coinbase shares will be listed on the New York Stock Exchange. According to the independent reports, the company has more that 56 million users and oper...
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