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The funds will support activities that can enable more countries to engage in and benefit from the evolving digital economy.

They will work with other stakeholders to create a conducive market environment for digital innovations to thrive in the region, leaving no one behind in the process.

The two organizations will leverage their leadership in their respective fields to boost e-commerce in developing countries through improved exchanges of trade data.

Government reforms and initiatives in response to an UNCTAD assessment of the Himalayan nation’s eTrade readiness have allowed businesses to capitalize on COVID-19-induced online opportunities.

The UNCTAD-led eTrade for Women initiative is creating regional networks to help women digital entrepreneurs access the resources needed to succeed and contribute to sustainable development.

The British Standards Institution and the Economic Research Institute for ASEAN and East-Asia have joined the eTrade for all initiative.

A new government platform using UNCTAD's online single window technology powers business registration in record time, supporting livelihoods during the COVID-19 crisis.

The funds will help the organization enhance developing countries’ capacity to participate in the digital economy in the wake of the COVID-19 pandemic.

The pandemic has, however, resulted in mixed fortunes for some e-commerce companies, reversing the profits of firms offering services such as ride-hailing and travel.

In years to come, we will look back at 2020 as the moment that changed everything. Nowhere else has unprecedented and unforeseen growth occurred as in the digital and e-commerce sectors, which have boomed amid the COVID-19 crisis.