United Nations Industrial Development Organisation (UNIDO) director general LI Yong met Alibaba founder and executive chairman Jack Ma last week in Hangzhou to discuss furthering cooperation between the former and the latter’s Electronic World Trade Platform (eWTP). They also discussed joint support for China’s innovation agenda as another possible area for cooperation.
UNIDO and the Alibaba Group share common goals, including support for small and medium enterprises (SMEs) and sustainable development through e-commerce, according to an UNIDO press release.United Nations Industrial Development Organisation director general LI Yong met Alibaba founder and executive chairman Jack Ma last week in Hangzhou to discuss furthering cooperation between the former and the latter's Electronic World Trade Platform. They also discussed joint support for China's innovation agenda as another possible area for cooperation.#
The eWTP is a private sector-led, multi-stakeholder initiative for public-private dialogue to share best practices and foster a more integrated, inclusive, effective and efficient policy and business environment for the development of e-commerce, trade and the digital economy.
It achieved international recognition with its inclusion in the 2016 G20 Hangzhou Summit Leaders’ Communique. In 2017, the eWTP, the World Trade Organization (WTO) and the World Economic Forum (WEF), jointly launched a trilateral collaboration entitled ‘Enabling E-commerce’, to drive public-private dialogue on e-commerce.
Cooperation on eWTP would dovetail with the new China-UNIDO Strategic Cooperation Framework 2018-2021, the release said.
“The eWTP initiative is very much in line with UNIDO’s mandate of inclusive and sustainable industrial development and has the potential to contribute to the Sustainable Development Goals of the UN’s 2030 Agenda for Sustainable Development,” said LI.
“The purpose of eWTP is to help SMEs, youth and women to achieve global purchase, global sell, global payment, global logistics, and global tourism. The cooperation with UNIDO is in particular valuable, since the technology will be combined with manufacturing and traditional industry,” said Jack. (DS)
Fibre2Fashion News Desk – India