25 of January 2019, Davos - The regulation of e-commerce at the national and international level will help increase the welfare of people around the world in the new era of digital economy. The statement was made by the Minister of Foreign Affairs and European Integration, Tudor Ulianovschi, at the World Trade Organization's informal ministerial meeting entitled "Opportunities and Challenges of the Member States of the WTO in the area of E-commerce", which took place within the framework of the World Economic Forum, in Davos.

In the joint statement on e-commerce which was approved today in Davos by 66 WTO members, Tudor Ulianovschi welcomed the transparent process of international negotiations and stressed the need to regulate e-commerce by taking into account the role of small and medium-sized enterprises in the economy of the Republic of Moldova.

Also, the head of Moldovan diplomacy reiterated the Republic of Moldova's firm commitment for the reforming process of the world trade system based on the principles of multilateralism and the predictable development of national economies.

The event took place one year after the adoption of the Joint Declaration on E-Commerce in the context of the 11th WTO Ministerial Conference that was held in December 2017 and was organized by Australia, Japan and Singapore.

Video HERE.