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Technology and the Opening of Trade

2020 Milken Institute Global Conference

Technology and the Opening of Trade

Wednesday, October 21, 2020
1:30 PM - 2:30 PM
Virtual

Around the world, technological advances have created new export opportunities for small and medium-sized businesses that don't have a history of exporting. Business-to-business transactions have started to outgrow or bypass traditional supply chains, e-commerce has directly connected producers and consumers, and financial technology has expanded access to capital. These trends have the potential to benefit a wider range of small business owners than before, but many potential exporters still face significant challenges. This discussion will look ahead to the future of global trade as technology solutions proliferate. Panelists will outline the policy reforms needed to help ensure that gains from trade are available to small businesses. Finally, they'll identify the technologies that offer the greatest promise for supporting export growth.