Bahrain adopts platform for secure document exchange

Bahrain adopts platform for secure document exchange

Bahrain's Ministry of Commerce has contracted with to use the electronic trade finance platform to provide local businesses with a secure document transfer service.

The Ministry is drawing up plans to allow other industries and companies to adopt the Internet-based platform through its own portal.

Abdulla Mansoor, undersecretary of the Ministry of Commerce, says: "We are entering an important phase of integration between the worlds of information technology and commerce through this cooperation with"

Currently just 10% of businesses in the region operate online. says the deal will break down obstacles that were preventing the adoption of e-commerce and lay to rest any doubts about the security of exchanging electronic documents online. has also announced plans to open a regional office in Bahrain.

The platform was created in 1999 by banking and logisitics associations under an initiative to transfer the movement of paper-based trade documents onto the Internet.

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