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.
- 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.
Nonresident Senior Fellow, Peterson Institute for International Economics (PIIE)
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)
Founder and Principal, Trade Economista; Founder and President, TradeExperettes; Cofounder, Trade Policy Research Forum