(25 NOVEMBER 2003,Hong Kong) - The Pan-Asian E-Commerce
Alliance, 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. Members comprise Tradelink,
CrimsonLogic, KTNET, Trade-Van, CIECC, TEDI Club, Dagang
Net and TEDMEV.
At the 13th PAA Steering Committee meeting hosted by China
International Electronic Commerce Center (CIECC) in Shanghai
from 20th to 21st November 2003, members were joined by
representatives from the Communications Authority of Thailand
and EDI Indonesia who attended the meeting as observers.
The Asia PKI Forum also met with the Working Committee of
the PAA to foster a closer alignment of the complementary
initiatives of both organisations.
Mr. Liu Jun Sheng, Director, CIECC, Ministry of Commerce,
PRC, representing Vice Minister, Ms Liao Xiao Qi, said that
MOFCOM is extremely supportive of the PAA Initiatives. He
expressed great pride in CIECC being part of the alliance
which has made electronic cross-border transaction practicable
and a reality. He pledged continued support from MOFCOM
for the promotion of electronic commerce and trade such
as that of PAA.
Mr Mathivanan, Chairman of the PAA and CEO of CrimsonLogic
said, "We are pleased to report further expansion of
the PAA user base with Doosan of Korea and its group of
overseas suppliers in Chinese Taipei and China participating
in the PAA Service.
"As with the current PAA cross-border electronic trade
chains now in operation in the 8 economies, Doosan and its
suppliers will also gain from efficiencies and cost savings
of 20 % or more by using the secure PAA infrastructure that
links them with their major trading partners."
Other initiatives discussed by the Steering Committee include:
