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 Norberg
Founder and Principal, Trade Economista; Founder and President, TradeExperettes; Cofounder, Trade Policy Research Forum
Video
Event Materials
Document
Series
About This Series
Trade Winds is a monthly virtual event series hosted by Cecilia Malmström that explores the future of global commerce, including ways that international cooperation on trade can accelerate the recovery from the COVID-19 pandemic.