Kuala Lumpur: The 49th Pan Asian E-Commerce Alliance (PAA) Steering Committee Meeting from April 16-17 in Putrajaya, will provide an excellent platform to exchange ideas pertaining to cross-border trade.

The event is being hosted by Dagang NeXchange Bhd (DNeX), a leading provider of e-commerce services for trade facilitation and internationally certified enterprise security services.

Group managing director Zainal Abidin Jalil said cross-border logistics trading inter-connectivity is a very important business process that members of the PAA community intend to improve on.

“I think there are always ideas we can share among countries, to ensure there is a standard template, when it comes to cross-border trade. I think the objective here is to lower the logistics cost.

“Our initiative at the regional level is consistent with the government’s Logistics and Trade Facilitation Master Plan as announced by Prime Minister Datuk Seri Najib earlier in March.

“We fully support the plan as it intends to increase productivity and economic growth,” he told a press conference here Tuesday.

The PAA is an alliance formed by 11 service providers authorised by the customs and other trade regulatory agencies in their respective economies, to provide trusted and value-adding IT infrastructure and services to facilitate trade globally.

The other 10 PAA members are China, Japan, the Philippines, Taiwan, South Korea, Singapore, Hong Kong, Macau, Thailand and Indonesia.

DNeX Executive Director Datuk Patrick Wong at the same press conference said being a part of the PAA community has enabled members to learn from each other.

“Some of the countries have come up with different ideas, and what we have done, we will share with them.

“For example, three months ago, we launched the myCargo2U application and are planning to share the idea. This is how we leverage on the objective of the meeting,” he added.

Through the two-day meeting, Wong also hopes to advance the growth of Malaysian small medium enterprises (SMEs).

“The contribution of SMEs to the logistics sector is still low.

“Hence, we hope through the PAA meeting, to also be able to seek out potential traders to invest in Malaysian SMEs.

“With the myCargo2U at the national level to help lower the logistics cost for the SMEs, we are actually helping them grow,” he said.

The myCargo2U is a licence-based integrated trade facilitation software targeted at forwarding agents, freight forwarders, exporters and importers.

It offers end-to-end services for cargo and trade management from the point of data entry to pre-declaration, declaration and post-declaration services. – Bernama

Source From: Daily Express

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