Page 7 - SAMENA Trends - June-August 2021
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SAMENA COUNCIL ACTIVITY  SAMENA TRENDS


                                       SAMENA COUNCIL ACTIVITY





        SAMENA  Council  Draws  Attention  to  Light-Touch  Regulation  and
        Policy Enablement for the Private Sector during Global Symposium for
        Regulators-2021


        The  Meeting  of  the  Industry  Advisory   As  the Chairman of the IAGDI-CRO,  Bocar BA  expressed
        Group  on  Development  Issues  and  the
        Private  Sector  Chief  Regulatory  Officers   IAGDI/CRO's important role  with  continued  readi-
        (IAGDI-CRO), was held back-to-back with   ness  toward working  closely  with  governments to ful-
        GSR 2021 last week, with SAMENA Council,
        represented by its CEO Bocar BA, chairing   fill expressed, common goals, and to help materialize the
        the  the  virtual  meeting.  Attended  by   fifth-generation of collaborative approaches necessary for
        various  private  sector  leaders,  the  virtual
        diversity  of  industry  participants  in  the   the sustainability of investment and the growth of the 5G
        Meeting highlighted the critical importance   ecosystem.
        of  multi-stakeholder  participation  and,
        because  societal  and  industry  dynamics   between regulators and telecom operators
        have  dramatically  changed  over  the  last   and  helped  ensure  access  to  needed
        year and pace of digitization has sped up,   resources  (such  as  spectrum),  and
        it  is  now  necessary  to  review  and  reset   temporarily  eased  regulation  on  certain
        various policy and regulatory approaches   fronts,  and recommended  that these
        within  the  Industry.  Bocar  BA  presented   steps  should  be  kept  and  not  reversed.
        the outcome statement of the IAGDI/CRO.   Participants  maintained  that  the  lessons
        The statement emphasized on the need to   and  the  emergency  requirements  from
        ensure light-touch regulation, for example   the  last  year  should  suffice  as  impetus
        in  view  of  the  need  for  cross-border   to  continue  the  forward  momentum  on
        data flows and the  role  of connected   policy  and  regulatory  transformation.
        platforms,  or  to  address  cumbersome   The   statement   also   acknowledged
        administrative processes and procedures;   that  businesses  and  the  ICT  Industry
        a challenge common in many developing   must  continue  serving  as  the  engine  of
        digital economies across the regions. The   progress-making  on  unique  regional
        statement  also  acknowledge  the  timely   and  national  priorities  as  well  as  on
        reactive measures taken by the regulatory   globally-agreed  sustainable  development
        authorities  to  mitigate  the  challenges   goals.  However,  the  enablement  of
        last  year, which  saw  direct collaboration   such   engine   requires   re-calibrating
                                                                                       CHAIRMAN'S REPORT


                                                                                 regulatory  approaches,  adopting  agility
                                                                                 and evidence-based regulation to suit the
                                                                                 prevailing and emerging trends within the
                                                                                 digital ecosystem, which now increasingly
                                                                                 houses a highly diversified group of digital
                                                                                 inhabitants. As the Chairman of the IAGDI-
                                                                                 CRO,  Bocar  BA  expressed  IAGDI/CRO's
                                                                                 important  role  with  continued  readiness
                                                                                 toward working closely with governments
                                                                                 to  fulfill  expressed,  common  goals,  and
                                                                                 to help materialize the fifth-generation of
                                                                                 collaborative  approaches  necessary  for
                                                                                 the  sustainability  of  investment  and  the
                                                                                 growth of the 5G ecosystem.


                                                                                                     7    JUN-AUG 2021
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