C1ME joins global B2B standards council
Commerce One Middle East is to represent the region on the Global Trading Web Council, the guiding body of the largest collection of business-to-business sites in the world.
Commerce One Middle East has been appointed as the regional council member for the international business-to-business portal network, Global Trading Web (GTW).
Commerce One will represent fourteen territories in the GCC, Levant, Maghreb and Egypt, on the advisory body that will set standards for the world’s largest B2B trading.
Denis Roe, chief financial officer of Commerce One Middle East, explained the role. “On a regular basis, C1ME will now meet with other members to assess and agree operating standards for the Global Trading Web, a worldwide network of business to business e-commerce portals,” he said. “We will be the voice for our regional customers to set tariffs and trading standards and monitor developments for a global network in which business-to-business transactions can flow seamlessly and securely worldwide.”
GTW went live in August, providing Global MarketSite Partners (GMP) and their trading partners with a worldwide yellow pages directory, links to partner extranets and an infrastructure for trading partners to transact business on line. Regional MarketSites, costing $12-20 million each, are planned for later this year in the UAE, Saudi Arabia, Egypt and Turkey. The sites will have horizontal and vertical portals that will cover various trading categories.”