(26
NOVEMBER 2002, JAPAN) The Pan-Asian E-Commerce Alliance
(PAA) held its 10th Steering Committee Meeting
in Yokohama, Japan from 21 to 22 November 2002. The meeting
was attended by Tradelink, CrimsonLogic, Infoshare, KTNET,
Trade-Van, TEDI Club and DagangNet. Representatives from
TEDMEV of Macau attended the work group meeting as observers.
Mr. Justin Yue, Chairman of the PAA and CEO of Tradelink
said, "We are making extremely good progress with the
PAA Secure Cross Border Transaction Service. All members
are actively participating in the pilot projects and we
are also adding well known companies such as Hyundai Motors
and LG Industrial Systems to the pilot. We are gathering
valuable feedback which will be of immense help in taking
this service forward into its next stage, including making
available online title document management services. Under
our Certificate Authority Mutual Recognition scheme, we
are processing the application for recognition from GFACA
of China. I would fully expect recognition for GFACA to
be granted before our next meeting pending a few administrative
procedures."
Having concluded successfully the first stage of the development
of the Pan Asian Portal (www.paa.net),
the PAA Steering Committee agreed on a list of new services
that should be incorporated into the Pan Asian Portal as
its next stage of development. Ultimately, the PAA would
become a popular vehicle for business discovery and transactions.
Other initiatives discussed by the Steering Committee included:
