EU4Digital launches pilot to increase volumes in Eastern Europe

Friday 12 February 2021 10:37 CET | News

EU4Digital, an initiative to extend the European Digital Single Market to Eastern Europe, has launched an ecommerce pilot between Armenia, Azerbaijan, Georgia, and Germany. 

Its goal is to increase ecommerce volumes. The European single market is the EU being one territory, without any internal borders or regulations to block the free movement of goods and services. 

EU4Digital is an initiative that wants to harmonise digital markets and help to eliminate barriers to online services. Last year, it started activities to further harmonise ecommerce between the European Union and the Eastern partner countries. And now it’s launching a pilot between Armenia, Azerbaijan, Georgia, and Germany to increase online retail volumes.

With the pilot, EU4Digital wants to strengthen the ecommerce ecosystem and increase volumes. One of the solutions is to establish national virtual warehouses and databases of local goods, so ecommerce players can automatically exchange information about sales, customs, and delivery. 

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Keywords: EU4Digital, Armenia, Azerbaijan, Georgia, Germany, ecommerce, European Digital Single Market, Europe, Eastern Europe
Categories: Payments & Commerce
Countries: Eastern Europe
This article is part of category

Payments & Commerce