WTO20-4

Title of the activity
FINTECH: TRADE, FINANCIAL INCLUSION AND DEVELOPMENT.
Activity Type
Other global activity
Description
The decision by the Committee on Trade in Financial Services to hold this seminar follows a proposal by China. The objective is to build on previous work conducted at the Committee on technological developments and financial inclusion, and increase Members' understanding of FinTech and its effect on trade in financial services, financial inclusion and development. It will be a full-day event. The program consists of four sessions. The first session ("Financial services in the digital age") will set the scene and provide an overview of FinTech. Presentations will discuss the most recent developments, providing an introduction to the business, technological, regulatory and policy aspects involved. Presentations will be made by international experts and organizations with relevant expertise in FinTech. The second session will focus on "E-payments enabling cross-border e-commerce", through presentations by relevant private sector representatives. It will discuss, mainly from a business perspective, how digital technology has been leveraged to provide innovative e-payment solutions and their impact on cross-border e-commerce. The third session will discuss the role of technology in advancing financial inclusion in developing and least-developed countries. The final session will focus on the interplay between FinTech and trade in financial services, with the aim of identifying specific issues that might be further analyzed by the Committee.
Venue
Switzerland
City
WTO
Trade topic
Trade in Services
Start Date
End Date
Duration (days)
1
Language
English
Key Result
1. Government officials are implementing WTO Agreements and fully realising Members' rights and obligations
Key Output
1.1: Government officials have enhanced knowledge about WTO Agreements, trade policy formulation and conduct of trade negotiations
Invited Members and Observers:
Afghanistan
Albania
Algeria
Angola
Antigua and Barbuda
Argentina
Armenia
Azerbaijan
Bahamas
Bahrain, Kingdom of
Bangladesh
Barbados
Belarus
Belize
Benin
Bhutan
Bolivia, Plurinational State of
Bosnia and Herzegovina
Botswana
Brazil
Brunei Darussalam
Burkina Faso
Burundi
Cabo Verde
Cambodia
Cameroon
Central African Republic
Chad
Chile
China
Chinese Taipei
Colombia
Comoros
Congo
Costa Rica
Côte dʼIvoire
Cuba
Democratic Republic of the Congo
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eswatini
Ethiopia
Fiji
Gabon
Georgia
Ghana
Grenada
Guatemala
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
Hong Kong, China
India
Indonesia
Iran
Iraq
Israel
Jamaica
Jordan
Kazakhstan
Kenya
Korea, Republic of
Kuwait, the State of
Kyrgyz Republic
Lao Peopleʼs Democratic Republic
Lebanese Republic
Lesotho
Liberia
Libya
Macao, China
Madagascar
Malawi
Malaysia
Maldives
Mali
Mauritania
Mauritius
Mexico
Moldova, Republic of
Mongolia
Montenegro
Morocco
Mozambique
Myanmar
Namibia
Nepal
Nicaragua
Niger
Nigeria
North Macedonia
Oman
Pakistan
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Qatar
Russian Federation
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
Sao Tomé and Principe
Saudi Arabia, Kingdom of
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Solomon Islands
Somalia
South Africa
South Sudan
Sri Lanka
Sudan
Suriname
Syrian Arab Republic
Tajikistan
Tanzania
Thailand
The Gambia
Timor-Leste
Togo
Tonga
Trinidad and Tobago
Tunisia
Türkiye
Uganda
Ukraine
United Arab Emirates
Uruguay
Uzbekistan
Vanuatu
Venezuela, Bolivarian Republic of
Viet Nam
Yemen
Zambia
Zimbabwe