Alibaba’s dig­i­tal trade zone in Malaysia

Maritime Gateway - - International News -

An Alibaba-led dig­i­tal trade zone in Malaysia is ex­pected to boost trade be­tween South­east Asia and China. The "Dig­i­tal Free Trade Zone," is de­signed to make cross-re­gion ship­ments more af­ford­able for Malaysian small and medium-sized com­pa­nies. A core el­e­ment of the scheme is an elec­tronic world trade plat­form de­signed to ease trade be­tween Malaysian and Chi­nese firms. The plat­form, due to take ef­fect in 2019, will con­nect busi­nesses, man­age cargo au­tho­riza­tions and as­sist on cus­toms.

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