In a bid to help Asian sellers compete in the global marketplace, the Pan Asian e-Commerce Alliance (PAA) has launched a new eMarketplace called the Pan Asia Exchange (PAE).
With the PAE, global buyers are able to verify Asian suppliers through their official trade transaction, providing them with peace of mind in the reliability of their partners. Buyers could also send online requests for quotation to sellers at any time.
"The PAE enhances global trade, as well as raise the profile of Asian suppliers in the global stage, helping them to expand their business further," said Francis Norman O. Lopez, Chairman of PAA.
To ensure the reliability of buyers and sellers, PAE requires users to register via its website. The local PAE operator will then verify the submitted information before providing access to the eMarketplace.
Founded in 2000, the PAA aims to provide secure, trusted, reliable and value-adding IT infrastructure and services to facilitate trade globally.
The alliance is formed by 11 service providers that are authorised by customs and other trade regulatory agencies in their respective economies. Members include CAT of Thailand, CIECC of China, CrimsonLogic of Singapore, Dagang Net of Malaysia, InterCommerce of the Philippines, KTNET of Korea, NACCS of Japan, TEDMEV of Macao SAR, Tradelink of Hong Kong SAR, Trade-Van of Taiwan and PT EDI-I of Indonesia.
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