“Global economy can be fixed by digital transformation & blockchain technology,” says H.E. Justin Sun, Ambassador for Grenada to the WTO

2 years ago

H.E. Justin Sun, the laminitis of TRON, joined the Grenada Government arsenic its WTO Ambassador past December. He talked astir immoderate superior issues astatine the Twelfth Ministerial Conference (MC12) of the World Trade Organization (WTO). Sun spoke during the league connected SIDS (Small Island Developing States), clime change, oceans, e-commerce, and different issues.

The Conference has assorted topics specified arsenic post-COVID economical crisis, nutrient safety, situation protection, nutrient information and security, IP extortion connected coronavirus vaccines, e-commerce moratorium connected customs duties, and commercialized facilitation, according to the property release.

At the conference, helium besides stated that “Grenada is heavy babelike connected a precise predictable, transparent and businesslike MTS (multilateral trading system),” and helium is “working intimately with WTO’s programme connected e-commerce successful enactment of digitizing the economy.”

As per a video published by the Organization of Eastern Caribbean States (OECS) connected YouTube, Sun says, “Grenada is facing an summation successful commodities prices, clime crisis, and biology emergencies.” These tin beryllium fixed, oregon astatine slightest tin person a betterment initiation, by simply empowering e-commerce and a borderless integer economy.

Sun is not a caller subordinate successful the market. He founded TRON successful 2017, which is present 1 of the apical 3 nationalist chains worldwide. So, arsenic per the authorities of Grenada, Sun volition usage his acquisition successful blockchain exertion to digitize its trade, investment, and governance processes.

In addition, Ministers made 2 captious decisions: the Work Programme connected Small Economies and the TRIPS non-violation and concern complaints and; a Sanitary and Phytosanitary Declaration for the Twelfth WTO Ministerial Conference: Responding to Modern SPS Challenges.

On the margins of MC12, the OECS besides took the accidental to person a bid of engagements with indispensable partners, namely the International Trade Centre, the Commonwealth Secretariat, the Organisation of African Caribbean and Pacific States, and the United Nations Industrial Development Organization. (source)

H.E. Justin Sun seems to beryllium playing a pivotal relation successful the economical improvement of Grenada. During his word of office, Sun besides said helium would actively advocator for practice betwixt Grenada and different countries successful assorted fields and boost economical maturation done integer technologies to collaborate connected the caller issues that look from integer translation successful the post-COVID era.

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