News

ICC-UNCTAD partnership drives forward trade initiative in Brazil

Monday 28 May 2018 13:21 CET | News

The Brazilian arm of the International Chamber of Commerce and UNCTAD have teamed up in order to use AI and blockchain to improve trade.

The memorandum of understanding signed between International Chamber of Commerce Brazil and The United Nations Conference on Trade and Development formalises their cooperation within the Intelligent Tech and Trade Initiative. Deploying fast-emerging technology in the trade sector was a headline issue at The United Nations Conference on Trade and Development’s E-Commerce Week in April 2018.

Under the agreement, The United Nations Conference on Trade and Development and International Chamber of Commerce Brazil will cooperate in a range of capacity-building, training, research and analysis activities.

The Intelligent Tech and Trade Initiative is now entering its second phase after publishing a study looking at the applicability of technology in various scenarios. The collaboration with The United Nations Conference on Trade and Development is meant to explore the use of AI and blockchain in multilateral negotiations.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: International Chamber of Commerce, and The United Nations Conference on Trade and Development, Intelligent Tech and Trade Initiative, Brazil, trade finance, supply chain finance
Categories:
Countries: World