South Africa's national executive symposium
on trade efficiency
Southern African business leaders and high-level civil servants will gather
to discuss recent developments in the process towards global trade efficiency at
the South Africa's National Event on Trade Efficiency, to be held in Midrand in
parallel with UNCTAD IX. The Event is composed of the Executive Symposium
on Trade Efficiency (29-30 April) and an exhibition of electronic trading
technologies open from 30 April to the end of UNCTAD IX, and during the
successive G-7 Conference on "Information Society and Development" (13-15
May). The National Event is organized by the South African Department of
Trade and Industry with the substantive and technical cooperation of the
UNCTAD secretariat and the partial funding by the Government of Switzerland.
On the private sector side, IBM, Portnet and the Standard Bank of South Africa
also sponsor the meeting.
The GTPNet in Midrand
Over forty Trade Point managers from developing countries and
economies in transition and thirty from developed countries will have the
opportunity to discuss the status of development of the Global Trade Point
Network (GTPNet) at the Midrand Executive Symposium. They will display their
products and services at the technological exhibition, where a model Trade Point
will also be displayed. A World Trade Point Directors' meeting and two meetings
of experts dealing respectively with (1) information exchange and standards in
the GTPNet, and (2) financial sustainability and cooperation among Trade Points
will also be held from 1 to 3 May.
Untapped potential for trade
Imagine a small business in Cuzco, Peru, producing alpaca wool
sweaters and another in Surabaya, Indonesia, manufacturing teak furniture.
The Peruvian sweater manufacturer sells a small percentage of their goods on
the local market to tourists and delivers the rest to trading companies which
export to Europe and the United States. The Indonesian cabinet-maker sells his
furniture to a local warehouse which in turn sells to local upper-income
customers at five times the original price.
What the sweater manufacturer and the cabinet-maker have in common
are limited economic resources and, therefore, limited production capacity
aimed mainly at the local market. Given their lack of access to trade information,
training and credit facilities, they remain excluded from the global market.
Success stories
A small business in Senegal exports to France for the first time; a micro-enterprise in
the United States finds a partner in Chile; a Tunisian company contacts a firm in China to
supply a missing piece for its new machine; Cape Verde finds new markets for its fishing
industry; the Maldives advertises its tourist attractions on the Internet without even having
direct access to a server. Wishful thinking? No, these are but a few examples of the recent
developments in the GTPNet, which connects Trade Points in all parts of the world.
Trade Points are
- Centres for facilitating trade transactions, bringing together the services of all potential
agents involved in trade (Customs, banks, transporters, insurance companies, etc.)
either physically or via electronic connections;
- Sources of trade-related information on markets, procedures, regulations;
- Gateways to global networking using modern technology to provide access to
international databases, find trade matches and open the door to electronic commerce.
GTPNet has expanded rapidly since its official launching in October 1994 at the United
Nations International Symposium on Trade Efficiency (UNISTE). Currently, 97 countries are
involved in GTPNet -- of which 17 are LDCs -- and contacts have been established with
UNCTAD by another 17 countries, including 6 LDCs. There are 32 operational Trade Points
in 21 countries and another 142 Trade Points either requested, being set up, or moving
towards being fully operational.
Over GTPNet, Trade Points exchange a variety of trade-related information. In
particular, ETOs (Electronic Trading and Investment Opportunities) have been broadcast
throughout GTPNet since 1993, and have led to many completed trade transactions. A Trade
Point Expert Group has recently finalized the first international standard for trading
opportunities which is fully UN-EDIFACT compatible. The group will meet again in Midrand
to discuss the implementation of this standard.
100 hits per minute
Another popular feature of GTPNet is its WorldWideWeb (WWW) site
(http://www.unicc.org/untpdc). A wealth of trade-and investment-related information is just a
mouse-click away. As of March 1996, there were two main GTPNet servers and 10 Mirror
Sites in Asia, the Pacific, North America, and Eastern and Western Europe. Since its
inception in January 1995, the GTPNet Web site has rapidly emerged as an important
reference for world trade and investment. In January 1996, the number of hits registered at
GTPNet sites was over 4.3 million, i.e. approximately 100 hits per minute.
Trade Points with their own Internet servers are connected via hyperlinks with the main
GTPNet server. Trade Points without Web capability can take advantage of UNCTAD's
Trade Point Internet Incubator service, whereby Trade Points send their Web pages via e-mail
or diskette to the UNCTAD Trade Point Development Centre in Australia, where they are
integrated into the GTPNet server.
[UNCTAD IX Parallel events]
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