Towards greater regulatory co-operation in the Asia-Pacific for boosting e-commerce trade
The Asia-Pacific (APAC) region, which accounts for over 50 per cent of the world’s population and over 35 per cent of the world’s gross domestic product (GDP), is one of the fastest growing regions in the world. The region is growing at higher than the global growth rate and is expected to continue on a high growth trajectory. With high economic growth, the APAC region has become the largest e-commerce market in the world.