THE IMPACT OF DIGITAL TRADE ON THE ECONOMIC GROWTH AND DEVELOPMENT STRATEGIES OF COUNTRIES ALONG THE BELT AND ROAD

Abstract

The purpose of the study is to analyse the impact of digital trade on economic growth and development strategies of the countries along the "Belt and Road". The article identifies the provisions of the Development Strategies of the SCO member states in the field of cross-border electronic interaction, aimed at increasing the share of GDP and improving the levels of competitiveness of national economies of the SCO countries, strengthening the social protection of citizens and reducing poverty. The analysis of the dynamics of the e-commerce market volumes of the SCO member states (cross-border trade + local segment of online sales) was carried out, and a significant increase in the growth of national economies of the SCO countries during the implementation of the "One Belt, One Road" project, achieved on the basis of strengthening cross-border electronic interaction with the People's Republic of China, was proved. It is concluded that the creation of detailed plans, "road maps" and mecha