UNCTAD: Saudi Arabia amongst first to develop dependable methodology to measure e-commerce

RIYADH — The UN Commerce and Improvement (UNCTAD) officers have emphasised that Saudi Arabia is among the many first nations globally to develop a scientific and dependable methodology for measuring the dimensions and worth of e-commerce, according to finest worldwide requirements and practices.

These remarks had been made throughout a workshop held as a part of the 68th common assembly of the E-Commerce Council, attended by representatives of 25 authorities entities and chaired by Minister of Commerce Majed Al-Qasabi, alongside a number of council members.

UNCTAD consultants famous that the group is working with Saudi Arabia on a complete framework to measure the dimensions and worth of e-commerce and digital commerce within the Kingdom. The framework goals to evaluate the extent of digital commerce adoption, measure transaction values and sector development, and increase sector competitiveness, whereas strengthening digital economic system insurance policies and bettering the effectivity of presidency providers for the enterprise sector.

The council has shaped a working group, chaired by its secretariat and comprising 11 authorities entities as members, to supervise the implementation of the challenge in cooperation with UNCTAD. The initiative is predicted to place the Kingdom as a worldwide chief, because the challenge incorporates mechanisms for measuring e-commerce throughout all classifications according to internationally acknowledged definitions.

The common assembly additionally mentioned the council’s collaborative initiatives with worldwide organizations and related authorities entities to facilitate e-commerce and determine mandatory regulatory and procedural reforms.

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Individuals had been briefed on the Transport Normal Authority’s plan to deal with excessive seasonal demand, notably throughout Ramadan. The authority famous that vacation intervals and nationwide events sometimes see a big surge in on-line orders, contributing to elevated postal cargo volumes throughout these seasons.

The authority emphasised that its plan goals to reinforce service effectivity throughout Ramadan, enhance the standard of postal providers, increase beneficiary satisfaction, and strengthen governance by coordinating with all related stakeholders.

Information confirmed that e-commerce shipments throughout Ramadan elevated by 18 p.c final 12 months, reaching 26 million shipments in comparison with 22 million in Ramadan 2024. In the meantime, registered complaints decreased dramatically from 4,330 in Ramadan 2024 to 1,700 throughout final Ramadan.

Since its institution in 2018, the E-Commerce Council has been liable for proposing insurance policies and laws, overseeing the E-Commerce Stimulation Program, coordinating efforts throughout related entities, addressing obstacles going through the sector, and making certain the efficient implementation of this system’s tasks and suggestions.

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