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, yangyifan@xinhua.org)