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“Global economy can be fixed by digital transformation & blockchain technology,” says H.E. Justin Sun, Ambassador for Grenada to the WTO

Crptoz by Crptoz
July 5, 2022
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His Excellency Justin Sun, the founder of TRON, joined the government of Grenada as WTO ambassador last December. He spoke on some serious issues at the Twelfth Ministerial Conference (MC12) of the World Trade Organization (WTO). Sun spoke during the conference on SIDS (Small Island Developing States), climate change, oceans, e-commerce and other issues.

According to the press release, the conference covered various topics such as COVID economic crisis, food security, environmental protection, food safety and security, IP protection on coronavirus vaccines, e-commerce moratorium on customs and trade facilitation.

At the conference, he also stated that “Grenada is dependent on a highly predictable, transparent and efficient MTS (Multilateral Trading System),” and that “in conjunction with the World Trade Organization’s program on e-commerce in support of the digitization of the economy.” doing work.”

According to a video published by the Organization of Eastern Caribbean States (OECS) on YouTube, Sun says, “Grenada is facing rising commodity prices, a climate crisis and environmental emergencies.” These can be rectified, or at least initiate a recovery, by empowering e-commerce and a borderless digital economy.

Sun is not a new player in the market. He founded TRON in 2017, which is now one of the top three public chains worldwide. Therefore, according to the Government of Grenada, Sun will use its experience in blockchain technology to digitize its business, investment and governance processes.

In addition, the Ministers took two important decisions: Action Program on Small Economies and TRIPS Nonviolence and Situational Complaints and; A Hygiene and Phytosanitary Declaration for the Twelfth World Trade Organization Ministerial Conference: an answer to modern SPS challenges.

On the margins of MC12, OECS took the opportunity to have multiple engagements with essential partners, such as the Center for International Trade, the Commonwealth Secretariat, the Organization of African Caribbean and Pacific States, and the United Nations Organization for Industrial Development. (Source)

His Excellency Justin Sun seems to be playing an important role in Grenada’s economic development. During his tenure, Sun also said that he would actively advocate for cooperation in various fields between Grenada and other countries through digital technologies to collaborate on new issues emerging from digital transformation in the post-COVID era. Will promote economic development.


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