(Hong Kong, 19 February 2004) The Pan-Asian E-Commerce
Alliance, known as PAA, established in July 2000, is the
first regional e-Commerce alliance in Asia that promotes
and provides secure and reliable IT infrastructure and facilities
for 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 and TEDMEV of
Macau. The 14th PAA Steering Committee meeting was hosted
by KTNET in Seoul from 12th to 13th
February 2004. CAT Telecom Public Co. Ltd. from Thailand
participated in the meeting as an observer.
New hub users have joined the PAA Secure Cross Border Transaction
Service. As a notable example, CIECC and Trade-Van recruited
ABIT, a world-class motherboard manufacturer in Chinese
Taipei, to conduct electronic transactions with its global
production factory, Rolly, in Suzhou China.
Mr. Park Bong-Kyu, Deputy Minister for Trade and Investment
Policy of the Ministry of Commerce, Industry & Energy
Korea, extended his warm welcome to PAA members and his
strong support for the PAA Initiatives. Dr. Lee Suk Young,
Vice Chairman and CEO, Korea International Trade Association
also expressed great satisfaction with the progress of the
PAA and reiterated the very high recognition of the PAA
in Korea, especially amongst the business community.
Dr. Chen Jenn-Nan, Chairman of the PAA and CEO of Trade-Van
said, "It is pleasing to note that the PAA regions
have the highest growth in the world economy. To support
this growth with greater efficiency , the impetus to paperless
trade is stronger here than in most other regions in the
world. We are glad that the PAA in its small way, is helping
APEC achieve its goal for paperless trade, through its initiatives
in secure cross border electronic transaction services and
its global visibility platform to provide door-to-door cargo
tracking."
Other initiatives discussed by the Steering Committee include:
