14 Sep 2005 : 20th Pan Asian E-Commerce Alliance Steering Committee Meeting in Tokyo
The Pan-Asian E-Commerce Alliance (PAA) held its 20th Steering Committee meeting in Tokyo, Japan from 13th September to 14th September 2005. Established in July 2000, the PAA is the first regional e-Commerce alliance in Asia that provides secure and reliable IT infrastructure to promote efficient global trade and logistics. Current PAA Members comprise Tradelink of Hong Kong, Trade-Van of Chinese Taipei, CrimsonLogic of Singapore, KTNET of Korea, CIECC of China, TEDI Club of Japan, Dagang Net of Malaysia, TEDMEV of Macau and CAT Telecom Public Co. Ltd of Thailand.
Mr. Mikio Sasaki, Chairman of TEDI Club and Chairman of Board of Mitsubishi Corporation hosted a Dinner for PAA Members. Other honoured guests present were Mr. Yasuhito Harayama, Deputy Director-General, Trade and Economic Cooperation Bureau at Ministry of Economy, Trade and Industry and Mr. Keisuke Takanashi, Executive Managing Director, Japan Foreign Trade Council.
Mr. Sasaki told the gathering that Japan, under its “e-Japan Strategy Plan”, will become one of the most advanced IT countries in the world. All trade-related ministries are in the process of developing policies for system optimisation. Mr. Sasaki said that with such an initiative and the ratification of the Convention on Facilitation of International Maritime Traffic (FAL), Japanese logistics community will benefit from simplified customs clearance and efficient port procedures.
TEDI Club, with broad representations from the industries for international trade, is working closely with various government ministries to accelerate the facilitation, standardization and digitalization of trade procedures in Japan. Mr. Sasaki firmly believes that the PAA experience would inspire both TEDI Club and the Japanese trade facilitation community in achieving their goals. At the same time, TEDI’s collaboration with the Japanese Government, will advance the PAA’s objectives in paperless trading. Mr. Sasaki is also confident that PAA initiatives will increase paperless trading among Asian economies.
During the meeting, PAA Members reported that PAA had further extended its cross-border electronic document exchange services in facilitating customs clearance to more freight forwarders in the PAA regions. Several well known big companies are involved. Examples are Samsung Electronics, Hyundai Motors and LG. PAA will continue to focus on expanding its market in the logistics sector.
The cross-border electronic Certificate of Origin (e-C/O) service initiated by CrimsonLogic, KTNET and Trade-Van will be launched by the end of 2005 as planned. Chinese Taipei Customs will accept e-C/Os originated from Korea during this trial, and from other economies thereafter. Similarly, the trading communities of Singapore and Korea will benefit from the mutual exchange of e-C/O between the two economies.
The next (21st) PAA Steering Committee Meeting will be held in Seoul in the 3rd week of December 2005.