Today, e-commerce is a global trend that has revolutionized retail and how businesses and customers interact. Over the past decade global e-commerce has expanded at an average rate of 20% a year as brick-and-mortar shops have languished. In 2022, global e-commerce sales were estimated to total $5.7 trillion worldwide, with a higher value than the GDP of Germany or Japan.
In Central Asia, particularly in Uzbekistan, e-commerce can serve as a tool to achieve inclusive growth, bypass landlocked geography, integrate into global supply chains and provide opportunities for a young labor force to launch online businesses.
This online conference aims to bring together leading e-commerce stakeholders from across Central Asia, as well as international e-commerce companies, experts, and policymakers. The event will help initiate knowledge exchange, allow stakeholders to connect to discuss the future of the sector’s development, and explore key e-commerce challenges and practical solutions in the region.
The conference is being organized by the World Bank in partnership with Uzbekistan’s Ministry of Economy and Finance, the Ministry of Digital Technologies, and IT-Park Uzbekistan.
The conference will last three days:
- March 27 - Enabling Environment for E-commerce: Policy Support
- March 28 - Practical E-Commerce: Business Views
- March 29 - Incubating Inclusive Digital Labor Market for E-commerce: Youth Participation and Gender Balance.
The conference is being held as part of the Effective Governance for Economic Development Program (EGED), which is implemented by the World Bank with financial support from the UK Government and the World Bank’s South-South Knowledge Exchange Trust Fund.
Knowledge partners for this event include: IT-Park, International Finance Corporation (IFC), USAID Future Growth Initiative, USAID’s Trade Central Asia activity, the Venture Capital Association of Uzbekistan, the Fintech Association of Uzbekistan, and the E-Commerce Association of Uzbekistan.