Embracing Digital Trade

Digital trade accounts for 12% of international trade, while data flows have increased ninefold in the past 10 years and are predicted to increase another fivefold by 2022. What is needed to overcome the remaining barriers to reach seamless global digital trade?

Dimensions to be addressed:
- Reliable and verified digital payments systems for global value chains
- Channels for data flows across borders
- Mobile platforms as a tool for social and financial inclusion

Speakers:
- Yasushi Akahoshi, President, Japan External Trade Organization (JETRO), Japan.
- Jorge Arbache, Secretary for International Affairs, Ministry of Planning, Development and Management of Brazil.
- Daphne Huang, Head of China, SWIFT, People's Republic of China.
- Lee Xiaodong, Director and Professor, Tsinghua Institute for Internet Governance, People's Republic of China; Young Global Leader.
- Susan Ning Xuanfeng, Senior Partner, King & Wood Mallesons, People's Republic of China.

Introduced by:
- Ziyang Fan, Project Head, Digital Trade and Data Flows, World Economic Forum.

Moderated by:
- Richard Baldwin, Professor of International Economics, Graduate Institute of International and Development Studies, Switzerland.

http://www.weforum.org/