How can we best adjust to increasing digital trade?

Date

February 16, 2022, 9:00 AM to 10:00 AM EST
Virtual Event

Cecilia Malmström (PIIE), Alison Hamilton (New Zealand Ministry of Foreign Affairs and Trade), Henrik Hvid Jensen (DXC Technology) and Hanna C. Norberg (Trade Economista; TradeExperettes; Trade Policy Research Forum)

Event Summary

The digital transformation of international trade poses challenges for data privacy, national security, and infrastructure. Cecilia Malmström hosts an expert panel to discuss how policymakers and firms can adopt new technologies to boost trade flows and cut administrative costs while mitigating risks.

KEY TAKEAWAYS

  • Blockchain—the technology underpinning cryptocurrencies—could slash the costs of transmitting information across borders, removing barriers and potentially transforming global trade.
  • Traditional shipping and logistics firms must digitalize or face competition from digital startups.
  • Compatible infrastructure and common standards are needed to digitalize global trade and fully realize the benefits; digital trade agreements like the Digital Economy Partnership Agreement can provide certainty and foster collaboration.

HOST 

Cecilia Malmström 
Nonresident Senior Fellow, Peterson Institute for International Economics (PIIE)

GUESTS

Alison Hamilton
Deputy Permanent Representative to the World Trade Organization, New Zealand Ministry of Foreign Affairs and Trade

Henrik Hvid Jensen
Chief Technology Strategist, DXC Technology (Nordic and Eastern Europe)

Hanna C. Norberg
Founder and Principal, Trade Economista; Founder and President, TradeExperettes; Cofounder, Trade Policy Research Forum

Video

Series

About This Series

Trade Winds explores the future of international trade—the challenges, possibilities, and where international efforts are headed—in a monthly virtual event series hosted by Cecilia Malmström. Join the discussion to learn from global policymakers, practitioners, business leaders from different sectors, experts, and more.