BIIA participated in the expert panel “The Impact of ICTs on Business Sectors” and presented on the subject of “Trade Finance: The Case of e-Credit Information”.

BIIA’s presentation touched upon the key issue of public sector information, which is dysfunctional in many developing countries, thus impacting negatively the creation of accurate, reliable and timely credit information.  While UNCTAD is placing great emphasis on eliminating asymmetries in credit information through ICT, BIIA argued that ICT was only part of the equation. It has to be recognized that Public Sector Information was part of the value chain in commercial lending and its impact on the quality of credit information has not been given proper credence.

To read the full story click on the attachment:   BIIA AT UNCTAD 12 2006