ICT Industry Outlook Conference gathers well-known speakers worldwide to prospect industrial changes and dynamics in ICT (Information and Communication, Technology) and is annually organized by the Ministry of Science and ICT (MSIT) of South Korea.

Dr. Wonkyu Shin, a researcher at the Institute of Economics and Business, was invited as a speaker at the conference held on November 4-5, 2021. His speech touched upon the issues of digital transformation and changes in the global trade environment. He pointed out that the COVID-19 pandemic has dictated our lives untact to be our business-as-usual as we are going through a time of “great digital transformation.” In his opinion, discussions on the WTO e-commerce and multilateral negotiations for digital trade have been sluggish while they have proceeded in plural and bilateral ways. South Korea is well known as an IT powerhouse. However, the government of South Korea is indecisive in whether to engage actively in the discussions and rule-making of digital commerce, although Korea may have been more active in this.

More on the conference can be found here.