E-commerce Strategies Improved for Iraq

HAYLLE SOK | December 24, 2018

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A formal eTrade Assessment Agreement has been signed between the UNCTAD and the International Islamic Trade Finance Corporation, according to a release from both parties last week. The release specifies the agreement is a dual effort to prepare the Iraqi region for the utilization of e-commerce strategies for growth and digitization.“I am very pleased to announce our formal partnership with the ITFC to carry out a Rapid eTrade Readiness Assessment for Iraq, under the Aid for Trade Initiative for the Arab States programme,” UNCTAD Secretary-General Mukhisa Kituyi said. “Thanks to the generous financial support provided by the ITFC, we will be carrying out the first ‘enhanced’ eTrade Readiness Assessment,” he said. “It will follow the standard methodology used for the past ones but will include a deep-dive into one or two key sectors where digitalization is particularly relevant in the context of the Iraqi economy.”

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