Kuwait keen on developing e-trade, e-signature legislations

Kuwait said Monday it was keen on developing its legislations over e-trade and e-signature, Undersecretary of Commerce and Industry Ministry Abdullah Al-Afasi said Monday. He was speaking to KUNA on sidelines of a five-day meeting of the UN Commission on International Trade Law (UNCITRAL) in Vienna, which would be discussing legislations and laws of e-trade and how to boost confidence over this type of trade through the use of esignature.

Al-Afasi said the member countries also discussed risk analysis, protection of personal information and how to eliminate risks of e-trade. Kuwait, he added, was keen on benefiting from international expertise in the development of economic legislations and laws, with the objective of honoring His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah’s vision to transform Kuwait into a financial and commercial center. Hanoof Al-Rubaiaan, a lawyer at Kuwait’s Fatwa and Legislation Department, said her agency was very much interested in guaranteeing security of e-services.

She said Kuwait issued a law to regulate electronic transactions in 2014 and noted that the Public Authority for Civil Information succeeded in using the e-signature in its transactions.