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Use of unified electronic trading platform in the EAEU to be discussed at SPIEF-2019

The Roscongress Foundation and the Eurasian Integration Research Centre held a meeting of the expert roundtable ‘Unified Electronic Trading Platform in the EAEU as a Tool for Implementing the Union’s Digital Agenda’ in Moscow as part of work to prepare for topical discussion issues at major forums.

During the discussion, representatives of Russian e-commerce companies and exporter companies spoke about analytics and problems involving the development of the e-commerce market. According to their estimates, the unequal conditions in which foreign and domestic Internet sites do their business are creating conditions for Russian companies to leave the market. In addition, exporter companies noted the practical difficulties that Russian exporters face when attempting to enter the markets of third countries through foreign trading platforms.

«Whoever ends up profiting on our market — Eurasian or foreign players — depends on how successfully we are able to meet the global challenges of digital commerce. The measures that we are offering aim to ensure that our goods and services are sold through our platforms, i.e. so that Eurasian participants account for the majority of the added value created in the process of digital trade», Member of the Collegium (Minister) in charge of Internal Markets, Information Support, Information and Communication Technologies of the Eurasian Economic Commission Karine Minasyan said.

The discussion participants also noted that digital commerce participants need to transition to a predictive personalized decision-making model in order to successfully implement the EAEU’s digital agenda. Such a transition will ensure a qualitative leap in economic growth and will make use of the synergistic effect within the Union.

The Roscongress Foundation along with the Eurasian Integration Research Centre plan to continue holding thematic roundtables on e-commerce in the EAEU with the participation of representatives from the financial, customs, and logistics sectors and present the results at the St. Petersburg International Economic Forum.

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