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China Silk Road Group, UNCTAD sign cooperation agreement on cross-border e-commerce

July 11, 2019


Abstract : China Silk Road Group and United Nations Conference on Trade and Development (UNCTAD) have signed on Wednesday a cooperation agreement on cross-border e-commerce, marking an important step to jointly safeguard consumer rights.

GENEVA, July 11(Xinhua) --  China Silk Road Group and United Nations Conference on Trade and Development (UNCTAD) have signed on Wednesday a cooperation agreement on cross-border e-commerce, marking an important step to jointly safeguard consumer rights.

Under the agreement, the two parties will jointly develop an online dispute solution for cross-border e-commerce and build an evidence platform in a bid to reduce the difficulty of dispute arbitration and more effectively protect consumer rights.

At present, cross-border e-commerce is confronted with an increasingly complex global market environment, said Yan Lijin, chairman of China Silk Road Group, adding that nowadays, how to protect consumer rights has become a challenge for the healthy development of cross-border e-commerce, and thus the establishment of a reliable trust mechanism is the key to solving the problem. 

(Edited by Yang Yifan, [email protected])

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Keyword: e-commerce

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