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OECD's conference on digital economy to be held in Mexico

Xinhua, June 20, 2016 Adjust font size:

Representatives from over 30 economies will attend the Organization for Economic Cooperation and Development's (OECD) Digital Economy 2016 Ministerial Meeting to be held in the Mexican seaside resort of Cancun between June 21 and 23, informed official sources on Sunday.

In this OECD meeting, jointly organized by Mexico's government, the theme of the conference will be "Innovation, Growth and Social Prosperity." Economy, Telecommunications, Science and Technology ministers from the invited countries will participate as well as representatives from international industry and civil organizations, said Mexico's Economy Ministry in a press release.

The current OECD's Secretary-General, Mexican Jose Angel Gurria, and Mexico's Economy Minister, Ildefonso Guajardo will host the ministerial summit.

According to the governmental ministry, the digital economy has progressed and been able to instill countless aspects involving the world economy such as banking, retail trade, energy, transport, education, publications, media and health.

In this forum, the Declaration of Cancun is expected to be signed which "will mark all participants' positions on digital economy and especially regarding the four main thematic axes: openness and innovation, global connectivity, trust and jobs and skills," according to the press release.

The Mexican ministry said Mexico's main goal is to ensure that all ideas put forward and developed throughout the eight discussion panels to be held as well as during the three parallel events (Hackathon, Stakeholders Forum and Business Expo), are transferred into agreements.

Argentina, Canada, Chile, Colombia, France, Japan, Mexico, Portugal, South Korea and the United States are among the countries that will attend the meeting.

For the OECD, the member economies' governments are ever more aware of the need to give further momentum to the digital economy in a strategic way in order to increase benefits and react to the main challenges such as reducing unemployment, inequality and helping people out of poverty.

According to the OECD, Mexico's current digital strategies cover topics that range from creating companies and productivity growth to public administration, employment and education, health and aging, environment and development. Enditem