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Azerbaijan to preside UNCTAD expert group

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A meeting of the intergovernmental expert group on “E-commerce and digital economy” organized by the UN Conference on Trade and Development (UNCTAD) was held in Geneva, the Ministry of Transport, Communications and High Technologies said.

The main goal of the expert group is to support developing countries to benefit from the opportunities of e-commerce and overcome existing obstacles in this area, considering the fact that the digital economy is unequally developed around the world.

As already reported, last year Azerbaijan presented its electronic signature experience at the first meeting of the intergovernmental expert group on “E-commerce and digital economy”.

The “Information Economy 2017” report prepared by the UN Conference on Trade and Development (UNCTAD) was presented at the meeting of the intergovernmental expert group, which brought together representatives of more than 70 countries and officials of various international organizations.

The participants were informed about the development of the international platform “www.etradeforall.org”, founded by UNCTAD, which allows emerging economies to benefit from the potential of e-commerce. Through this initiative, now more than 100 countries are able to reach out to potential partners, get the latest information on innovations and e-commerce.

Participants of the meting elected the chairman of the expert group and his deputies. Azer Bayramov, Deputy Executive Director of Azerbaijan State Fund for Development of ICT under the Ministry of Transport, Communications and High Technologies, was elected as a chairman of the Expert Group for a yearly term.

The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as a permanent intergovernmental body.

UNCTAD is the principal organ of the United Nations General Assembly dealing with trade, investment, and development issues. The organization’s goals are to maximize the trade, investment and development opportunities of developing countries and assist them in their efforts to integrate into the world economy on an equitable basis.”

The primary objective of UNCTAD is to formulate policies relating to all aspects of development including trade, aid, transport, finance and technology. The conference ordinarily meets once in four years; the permanent secretariat is in Geneva.

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