PAA to Hold 15th Steering Comittee Meeting

Published by The Star (Economy)

KUALA LUMPUR May 18 - Pan Asian e-Commerce Alliance (PAA) which groups eight major e-commerce service providers in the region, will be holding its 15th steering committee meeting in Langkawi from May 20-21.

Hosted by Dagang Net Technologies Sdn Bhd, the meeting will be officiated by Minister of International Trade and Industry, Datuk Seri Rafidah Aziz.

Among other things, it will discuss and report on the significant progress in the areas of cross-border transaction services, mutual recognition of public key infrastructure (PKI), the Pan-Asian portal and cargo tracking service.

PAA, established in July 2000, is the first regional e-Commerce alliance in Asia that promotes and provides a secured and reliable IT infrastructure and facilities for efficient trade and logistics globally.

Its members comprise Crimsonlogic of Singapore, Trade-Van of Taiwan, Tradelink of Hong Kong, China International Electronic Commerce Centre (CIECC), Korea Trade Network (KTNET), Trade Electronic Data Interchange (TEDI) of Japan, Tedmev of Macau and Dagang Net which was a member since May 2002.

Headed by chairman Dr Chen Jenn-Nan, who is also the chief executive officer of Trade-Van of Taiwan, PAA has achieved good progress in enabling regional businesses to exchange trade documentation seamlessly and securely with more than 10-cross border electronic trade chains now in operations within the eight economies.

When fully implemented, a potential of 200,000 companies stand to gain from efficiencies and cost savings experienced by connecting to the secured PAA infrastructure that links them with the major trading partners in the major economies.