Page 79 - SAMENA Trends - October 2019

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

UAE in general, and TRA strategic sectors in challenges, build capacity and develop which includes 18 federal government
particular. The parties will understand and the skills of UAE nationals in the areas entities that showcase their achievements
apply the process of digital transformation of research and innovation in the UAE, in employing technology to provide smart
of TRA strategic sectors, and stimulate and the adoption of ethical standards for government services in an integrated
innovation in UAE government entities scientific research, including experimental manner, promoting the principle of single
through mutual participation and suitable and data analysis and adherence to those government and distinctive services. In
technical proposals. Moreover, the standards. As per the MoU, TRA will GITEX, TRA highlights its future projects
agreement provides for the nomination provide EBTIC with the necessary data for and role in providing technological
of a joint team to perform the tasks of the implementation of projects of mutual solutions for government services to
strategic supervision and management interest. TRA is participating in the 39th achieve the highest levels of service and
of agreed projects, enable research and edition of GITEX Technology Week, held at customer satisfaction.
innovative projects by providing relevant Dubai World Trade Center (DWTC) under
data and prototypes to meet agreed the umbrella of the UAE mGovernment,

Digital Economy to Boost Pakistan’s GDP up to US$40 Billion Annually

‘Digital economy in Pakistan’ has huge intended to include Export Processing end of October. All the system would be
potential for boosting the country’s Gross Zones (EPZs) in its trade data collection linked to the Ministry of Commerce under
Domestic Product (GDP) up to the level system, which was not currently taken the control of SBP to promote the culture
of $ 40 billion, besides consolidating the into account by the Pakistan Bureau of of freelancing to capture opportunities in
local economy. Through the evolution of Statistics (PBS) and the State Bank of the global market through websites and
‘Digital Economy’, Pakistan can rapidly Pakistan (SBP), he told. He pointed out other digital tools, he added. He said the
achieve its economic agenda in all major that exclusion of exports, routed through software export potential was not being
sectors including trade and E-commerce, the EPZs by the two organizations resulted exploited properly as three different pieces
education and health for economic growth in a difference of $1.2 billion between of software were being used by freelancers
in the country, a senior official of Ministry of the actual exports and those reported by to acquire the work deals from abroad.
Commerce informed APP. Pakistan needed them. The official said the federal cabinet He said mainly the youth were providing
to do extensively in digital economy as had already approved the E-commerce their services (to individuals/firms abroad)
country has huge participation of global policy for promoting the digital culture and through the freelancing system, but they
mobile market, with over 160 million paperless trade to help enhance the trade were facing problems because of different
mobile phone subscribers and around volume. He said it was the government’s software. The government would facilitate
150 million Internet users, he said. He priority to evolve the integrated trade data them so that they could work with ease, he
said, “We can improve public services system and streamline the affairs by the added.
in different sectors through the modern
digital tools for providing rapid services
to the people”. He said that Pakistan was
an agriculture country and through the
modern digital mechanism, the farmers
and agriculture workers can improve their
financial mechanism to connect with
global value chain. Replying to a question,
he said that digital data integration system
would play an important role in improving
the economic mechanism in all major
sectors of the country’s economy. He said
it is also important for bridging the gap in
economic and trade data process through
integration of various data mechanism
to reflect the true picture of the economy
including trade, industries, services and
agriculture sector. “To evolve the proper
trade data mechanism to resolve the
issues in trade data, the government

79 OCTOBER 2019