Kiribati Rapid eTrade Readiness Assessment

Download or read book Kiribati Rapid eTrade Readiness Assessment written by United Nations Conference on Trade and Development (UNCTAD) and published by United Nations. This book was released on 2019-12-20 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Kiribati Rapid eTrade Readiness Assessment focuses on examining seven key policy areas that are most relevant for e-commerce. Within each area, critical readiness gaps are identified and relevant recommendations are proposed to overcome barriers and bottlenecks to the growth of digital trade. Kiribati has yet to take advantage of the potential of e-commerce. The country could benefit substantially from e-commerce if it is able to accelerate the adoption of key measures aimed at supporting the development of an e-commerce ecosystem (e.g., e-commerce strategy, regulatory framework) and private sector investment (in infrastructure and access to finance). Among other benefits, e-commerce could fuel the development of the tourism and financial sectors, attract FDI, and increase employment in Kiribati. Despite the potential benefits provided by e-commerce, MSMEs may face barriers such as poor domestic and international logistics and limited access to financing.