In today’s digital age, e-commerce has become an essential part of our lives. However, cross-border e-commerce can be a challenge due to different policies and regulations in each country. This is where the Electronic World Trade Platform (EWTP) comes in. EWTP is an initiative that seeks to incubate e-Trade rules and promote efficient policies and business environments for cross-border e-commerce, including B2B and B2C development. In this startup showcase, we will take a closer look at EWTP, its mission, and how it is transforming the world of cross-border e-commerce.
To incubate e-Trade rules and promote efficient policies
EWTP’s mission is to incubate e-Trade rules to promote efficient policies and business environments for cross-border e-commerce, including B2B and B2C development. The program aims to assess the social and economic value of e-Trade in fostering small and medium-sized enterprises’ participation in global value chains. Aside from incubating rules for the development of e-Trade in terms of industry standards and rules, the company aims to simplify the regulations and customs processes, the evolution of consumer protection, lowering of tariffs, harmonization of taxation, development of internet and logistics infrastructure, facilitation of flow of goods, finance, and data.
Best Practices and Smart Logistics
EWTP identifies and shares best practices for the development of efficient infrastructures such as cross-border e-Trade hubs and experiment zones, smart logistics, credit payment, and technical assistance for emerging markets, with a view to influencing policy making and promoting inclusive eTrade. EWTP’s smart logistics platform offers services such as customs clearance, warehousing, and delivery, which help to simplify the logistics process for cross-border e-commerce. Through these efforts, EWTP aims to create an environment that encourages cross-border e-commerce, ultimately promoting trade and economic growth.
Facilitation of Trade
EWTP is committed to facilitating the flow of goods, finance, and data across borders, creating a seamless trading environment for businesses of all sizes. With the development of cross-border e-Trade hubs and experiment zones, EWTP is able to support businesses in overcoming regulatory barriers and expanding their reach into new markets. In addition, EWTP aims to simplify the regulations and customs processes and lower tariffs and harmonize taxation to promote inclusive and sustainable trade.
The Electronic World Trade Platform is revolutionizing cross-border e-commerce by incubating e-Trade rules and promoting efficient policies and business environments. With its focus on simplifying regulations and customs processes, creating efficient logistics systems, and facilitating the flow of goods, finance, and data across borders, EWTP is helping to promote inclusive and sustainable trade. As cross-border e-commerce continues to grow, EWTP’s mission is more important than ever, and its impact will be felt around the world.