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Page 10 • AirCArgo AsiA-PACifiC APRIL-MAY, 2018 ASIA-PACIFIC AirCargo Asia-Pacific is published by IMPACT PuBlICATIOnS ABn no 70 257 512 639 54 Harborne Street, Wembley WA 6014 Australia. Tel: (08) 9382 8388 Email: firstname.lastname@example.org www.aircargo-ap.com.au or www.impactpub.com.au/aircargo Proprietors: Chris Hurd, Sofia Hurd. Managing Editor: Chris Hurd. Email: email@example.com Editor: Jack Handley. Editorial Contributor: Kelvin King. Advertising Director: Sofia Hurd. Other contributors in: ■ nEW ZEAlAnD & SOuTH PACIFIC ■ SInGAPORE ■ uS/CAnADA ■ HOnG KOnG ■ uK/EuROPE ■ InDOnESIA All advertising enquiries to Australia Tel: +61 8 9382 8388 Email: firstname.lastname@example.org AirCargo magazine is published as a digital magazine six times a year and is emailed in pdf to subscribers as well as made available in flipbook format at the AirCargo web site. It is supported by daily news updates to the web site and a weekly e-news. People wish- ing to subscribe should go to the web site at www.impactpub.com.au/aircargo and click on the blue box. © Impact Publications Western Australia 2018. All rights reserved in all countries. no part of this publication may be reproduced by any means whatsoever without the written permission of the publishers. Views and opinions expressed in AirCargo Asia-Pacific do not necessarily reflect those of the management. All rates and schedules in editorial or advertisements are correct at time of going to press but are subject to change without notice. DISClAIMER The information contained in this magazine has been compiled by AirCargo Asia-Pacific. Any commentary, opinion, projection, prediction or conclusion made by AirCargo Asia-Pacific or quoted by it from any of the sources is published in good faith to stimulate independent investigation by the reader of the matters canvassed. The reader should not rely (or invite others to rely) upon the contents of this publication as a basis for taking or refraining from any action, or rearrangement of their affairs (financial or otherwise). And AirCargo Asia-Pacific and its contributors, shall not be liable for any economic or other loss or damage suffered by any person as a result of such reliance. Geneva E-Commerce Week spotlighted changes to B2B practices and environments under digitisation platforms tHE APRIL UnCtAD E-Commerce Week conference in Geneva, Switzerland under the theme ‘Development Dimensions of Digital Platforms’ discussed their benefits and challenges as well as measures to support emerging countries’ development of e-com- merce. the International Federation of Freight Forwarders Associations (FIAtA) attended the event and summarised the session as fol- lows: People often are surprised that digital giants such Amazon, Aliba- ba and Uber were able to quickly change the business model in their sectors and transform con- sumer habits. Despite the challenges for the freight forwarding and logistics industry to transform, FIAtA believes great opportunities exist for those who are able to adjust their business models to provide the best solutions for the logistics needs of digital shoppers. Besides recognising the ben- efits of e-commerce for the global economy, in particular the least-developed countries (LDCs) and small-and-medium enterpris- es (SMEs), this E-Commerce Week debated potential challenges. For instance, will global e-commerce giants hinder the development of local start-ups, how customers’ rights (especially personal data) should be protected and how global legislators should regulate e-commerce. Some developments deserve particular attention. Reacting to the need for protection of priva- cy, the EU formulated a General Data Protection Regulation which will come into force on 25th May 2018, applying to all institutions that process personal data of EU citizens. During the 2018 FIAtA HQ Session at the Advisory Body Safety and Security meeting, FIAtA presented this new regulation for members to study, as non-com- pliance will result in fines of up to four per cent of annual global turn- over or EUR20 million. FIAtA also noted the growing attention on B2B e-commerce, the volume of which is estimated to be 10 times that of B2C e-com- merce. B2B platforms are not as developed and well noted as B2C platforms, partly because of the difficulty in ensuring consistent service quality. Development of such platforms will further re- shape the role of our industry and strategies of FIAtA members. Many participants at E-Com- merce Week pointed out that transportation is still a major bot- tleneck for LDCs and SMEs when engaging in e-commerce transac- tions. As emphasised in the FIAtA position paper on e-commerce, implementation of the Wto trade Facilitation Agreement will greatly reduce transportation cost and boost e-commerce growth. FIAtA will continue to work with interna- tional and regional organisations as well as the freight forwarding community to call for trade facili- tation.