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2003 Press Release

28 FEB 2003
PAA Notes Significant Progress in Cross-border eCommerce Initiatives at Malaysian Summit

Singapore, 28 February 2003 - The Pan-Asian e-Commerce Alliance (PAA) held its 11th Steering Committee meeting in Kuala Lumpur, Malaysia, for the first time from 20 to 21 February 2003. Hosted by alliance member Dagang Net Technologies Sdn Bhd (DNT), the meeting was attended by Tradelink, CrimsonLogic, CIECC, KTNET, Trade-Van, TEDI Club, DNT and the alliance's newest member, TEDMEV. Representatives from EDI Indonesia attended the meeting as observers.

Mr V Mathivanan, Chairman of the PAA and CEO of CrimsonLogic said, “We have made substantial progress in the pilots for the PAA Secure Cross Border Transaction Service. To date, successful pilots were conducted on cross-border transactions among business entities from China, Hong Kong, Japan, Korea, Malaysia, Singapore and Taiwan. Among the new entrants to these pilots are well known establishments such as Mitsubishi Corporation and Sumitomo Corporation. Small-and-medium-size enterprises (SMEs) such as Aw Boon Kwee Transport of Singapore also supported the projects by doing both customs brokering and forwarding functions.”

“Under our Certificate Authority (CA) Mutual Recognition scheme, Beijing Guo Fu An Security Electronic Commerce CA Co., Ltd (GFACA) of China and Japan Electronic Trade Service, Inc. (JETS) were given full recognition, making a total of six CAs being endorsed under the scheme”, added Mr Mathivanan.

The Pan Asian Portal (www.paa.net) is also being enhanced to include the member economies' Economics and Trade Statistics, Trade Procedures, Country Information, Business Practices and Culture, and URL Links to trade-related Government Agencies. This information will be provided at no cost to visitors to the PAA portal and users of PAA services.

Other initiatives discussed by the Steering Committee included:

• Progress on the development of the cargo tracking service initiated by KTNET;
• Endorsement of the PAA Interconnection Specification version 2.0;
• Adoption of ebXML Interoperability Test Specification Part 1 version 1.0;
• Malaysia's MSC Trustgate has applied for recognition for certification under PAA Certificate Authority Mutual Recognition scheme.

Encik Ahmad Pardas Senin, Director of Dagang Net, Managing Director of TIME Engineering Berhad and President of ICT Division UEM-RENONG, graced the dinner held in conjunction with the meeting as the Guest-of-Honour. Encik Ahmad Pardas Senin thanked PAA for the endorsement of DNT as a member of the Alliance. He commented, “I am confident that with DNT's ready infrastructure, established exchange network and extensive pool of customers and partners, we will create a critical mass for PAA members to perform cross-border transactions with their Malaysian counterparts and vice versa. It is also a privilege to be part of this significant Asian initiative, as well as a challenge to contribute our best resources to help achieve the PAA charter successfully, for the benefit of the entire Asian business community.”

In addition, Encik Hazree Mohd Turee, CEO of DNT, also reaffirmed DNT's commitment to the alliance and active participation to represent Malaysia's interest in facilitating cross-border transaction service and to expand the reach of the local business community through this alliance.

At the end of the 11th PAA Steering Committee, Mr Mathivanan also shared his goals for this coming year:
1. Have all members participate in the provision of PAA Secure Cross-border Transaction Service;
2. PAA to focus on growing the market for electronic trade;
3. Continue to enhance the business environment as a grouping of responsible commercial entities in line with the various Governments' initiatives to promote e-Commerce and Secure Cross Border Trade.

The 12th Steering Committee Meeting of the PAA will be held in Seoul, Korea, from 29 to 30 May 2003.


Note to Editors
The PAA was formed in mid 2000 and now comprises six Founding Members and two Ordinary Members:

Founding Members
• CIECC or China International Electronic Commerce Center
• KTNET or Korea Trade Network
• CrimsonLogic
• TEDI Club of Japan
• Tradelink or Tradelink Electronic Commerce Limited of Hong Kong,
• Trade-Van or Trade-Van Information Services Corporation, of Chinese Taipei

Ordinary Member
• DNT or Dagang Net Technologies Sdn Bhd of Malaysia
• TEDMEV of Macau

Observer
• EDII or PT.EDI INDONESIA

 

 


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