Workshop held over future of e-commerce in Riyadh

Ministry of Commerce held a two-day workshop in Riyadh to discuss challenges in e-commerce. (Stock photo/Getty Images)
  • Experts from the organization also addressed challenges within the field and proposals made by member states

RIYADH: The Ministry of Commerce and Investment (MCI) held a workshop in conjunction with the World Trade Organization (WTO) in Riyadh on Wednesday to discuss the future of e-commerce.
Participants at the two-day workshop included representatives from several governments, as well as a Saudi e-commerce technical team that included officials from the private sector.
According to the ministry, the program was designed to enhance capacity building at a national level.
“The aim of this workshop was to discuss the latest developments in the field,” said one media source, who added that the ministry wants to take full advantage of the technical assistance provided by international organizations like the WTO.
The WTO is currently intensifying efforts to bring e-commerce to the forefront so that it is adopted among all of its member states.
A host of submissions were put forward by members as part of an exploratory scope of work in support of future talks on the trade-related aspects of e-commerce.
Experts from the organization also addressed challenges within the field and proposals made by member states.
The preparatory process came in implementation of a joint statement signed by 71 members at 11th WTO ministerial conference, which was held last year in Argentina.
During the conference, members acknowledged the opportunities provided by e-commerce in fostering inclusive trade and development.
Ƶ joined the WTO in 2005 and actively takes part in WTO meetings to strengthen national interest through these multi-lateral trade systems.