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E-commerce to help promote Pakistani products
From: "SDNP Info" <info@isb.sdnpk.org>
To: "Comp-list" <comp-list@isb.sdnpk.org>
Date: Thu, 19 Sep 2002 16:35:25 +0500
E-commerce to help promote Pakistani products
The News, 19/9/2002
http://www.jang.com.pk/thenews/sep2002-daily/19-09-
2002/business/b12.htm
ISLAMABAD: Minister for Science and Technology Dr Atta-ur-Rehman on
Thursday said electronic commerce would have a great economic impact
and would allow the country to promote its products.
He was addressing a two-day conference on "E-commerce & Development
in Pakistan" organised by the IT & Telecom Division in collaboration
with UNDP, UNCTAD and MPL Islamabad. The minister said the trading of
products could now take place legally and safely as necessary laws to
protect the interests of both buyers and sellers in the process of
electronic sales and purchases had been put in place through an
ordinance.
He said on the part of government, the Electronic Transaction
Ordinance was a great achievement, which was a prerequisite for e-
commerce growth in the country. He said three major companies - Dell,
Cisco and Intel - had sales through electronic means of over US$100
million per day. It had been estimated that about 10 per cent of all
business-to-business transactions would be carried out electronically
by the year 2004, he added.
"There will be tremendous savings by using e-commerce as the cost of
transactions is greatly reduced electronically," he said. Dr Atta
said the world IT market was worth about $560 billion and out of this
$400 billion were for IT-enabled services such as call centres,
transcription service, medical transcription, external audit, etc.
Talking about the achievements of the government in information
technology, he said a training programme for school teachers in IT
had been started to train 25,000 teachers. "There is also a
remarkable achievement in infrastructure enhancement as internet has
been expanded from 29 cities to 852 cities with the active
participation of Pakistan Telecommunication Company Limited (PTCL)."
The Internet bandwidth rates had been slashed from US$86,000 per
month to $3,800 while Internet bandwidth capacity availability had
been increased, he added. He further informed that a number of
programmes for training, creation of awareness and exchange of
commercial documents were also under way for the promotion of the
sector.
The minister said the required progress had not been made in the
banking network and Internet banking connectivity. "The banks have
been very slow and we are not going to have any genuine e-commerce in
Pakistan unless our banks could get their act right. We plan to start
publishing e-readiness ratings of the banks in the near future," he
added.
He said a survey had been conducted last month in this regard and
results were being compiled. "We are also advising the clients to
switch to those banks which have better e-readiness rating," Atta
said.
In his welcome address, Secretary IT & Telecom Division Ashfaq
Mahmood said the purpose of the conference was to share experiences
and knowledge with local and foreign experts, learn lessons and
devise a strategy to benefit from opportunities offered by e-commerce
for development and poverty reduction.
He said the telecommunications sector was being deregulated and from
January 1, 2003, when the monopoly of Pakistan Telecommunication
Company Ltd would come to an end, a large number of players in the
private sector were expected to provide great impetus to the
development of infrastructure.