Closing The Gap

How digitization is accelerating international trade

Digital Cross-Border Trade Post-COVID:Paperless, Logistics Tech | Economic Empowerment | GZERO Media

How did the pandemic facilitate cross-border trade?

It certainly helped move things along more efficiently in two ways, Nextrade Group founder and CEO Kati Suominen says during a livestream conversation on closing the global digital gap hosted by GZERO in partnership with Visa.

First, customs agencies in many countries (finally!) went paperless — a huge help for small businesses. Second, COVID accelerated the move toward logistics tech innovations like data-driven route optimization or drone delivery that make it easier and faster to deliver stuff.

Suominen hopes that governments continue the trend and that "we continue plowing forward" on digital cross-border trade.

More For You

- YouTube

Artificial intelligence is already helping humanitarian organizations identify people in need, improve supply chains, and deliver assistance more efficiently. But it also introduces new risks.

AI is spreading faster, and the gap is growing wider. What that means in practice isn’t straightforward. In the first edition of AIEI Perspectives, a new editorial series from the Microsoft AI Economy Institute, six experts answer the same questions about who benefits from AI, who’s still waiting, and what shapes that outcome. Their answers don’t all land in the same place. Instead, they offer different ways of interpreting the same challenge — highlighting where views align and diverge and what it may take to close the gap over time. Read the perspectives here.

Competitive pay. 401(k) contributions upon employment and 6% company match once eligible. Up to 16 weeks of combined paid maternity and parental leave. These benefits and more inspire generations – Daidrian’s 18-year Walmart journey motivated her son Jonothan to launch his own career as a Walmart associate. Learn more.