Pakistan to promote cross-border commerce with SCO countries

Observer Report

In a milestone move to promote collaboration among Shanghai Cooperation Organisation (SCO) member states in the digital economy, Pakistan signed a Memorandum of Understanding (MoU) on Building a Cross-border E-commerce Platform with nine trade organisations of SCO member states.

The MoU inked at the Digital Commerce Confer-ence of the 2021 China-SCO Forum on the Digital Economy Industry in China’s tech powerhouse of Chongqing, China Economic Net (CEN) reported on Wednesday.

Four areas of cooperation in cross-border e-commerce are highlighted in the MoU.

According to the MoU, online and offline confer-ences will be held to help build e-commerce plat-forms for international trade facilitation, digital technology exchanges and experience sharing. Cooperation will also cover joint e-commerce talent training.

The organisations will engage colleges and universities, professional training institutions, e-commerce enterprises and industry associations in cultivating e-commerce talents.

The MoU said that the organisations will draw on e-commerce to promote the production and distribu-tion of competitive products among SCO countries, and to facilitate production and marketing by pro-viding enterprises with overseas public warehouse, logistics, payment and other services and support to reach cooperation.

The organisations will also encourage and guide enterprises to participate in and share e-commerce developments in international exhibitions and fo-rums on the digital economy, and draw on such platforms to create business opportunities for enterprises.

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