According to Yonhap, Yonhap said this during a visit to the headquarters of Naver, Korea’s largest Internet portal, in the city of Seongnam near Seoul.

“Digital technologies will be critical to commerce in the future, and the transition to digital commerce will create both opportunities and challenges for businesses and governments,” said Okonjo-Iweala.

He described South Korea as one of the leaders in the digital space, reassuring that the WTO will encourage the development of international cooperation in this direction, as well as help countries establish legal frameworks and implement digital commerce.

According to the report, the head of the WTO held a meeting Tuesday morning that brought together dozens of young workers from innovative digital companies in South Korea, including Naver, e-commerce giant Kurly Corp, and the largest developer of devices and software for people with visuals. impairments Dot Inc.

Okonjo-Iweala arrived in South Korea after attending the G7 summit in Japan for a three-day visit, and is meeting with Korean government and business representatives on a range of global trade issues, including the WTO and South Korea’s role in the resurgence. plans. multilateral trading system

As reported by Ukrinform, leaders of Group of Seven (G7) countries on Saturday called for the development and adoption of international technical standards for the reliability of artificial intelligence (AI).