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Vanuatu: E-Commerce

Introduction

In March 2012, Vanuatu and its Development Partners agreed funding for a submarine cable that will link directly into the high capacity Southern Cross Cable between Sydney and Hawaii. Vanuatu businesses will be able to connect to the global telecommunications highway via USA, Australia, Asia and Europe.

The project is a venture between Interchange Limited, a Vanuatu local IT company and Alcatel-Lucent and is set to deploy Vanuatu’s first international submarine cable system.

A new Telecommunications Law in 2009 established an independent Telecommunications and Radiocommunications Regulator (TRR) in Vanuatu and was a further step towards opening up the telecommunications sector which was dominated by Telecom Vanuatu Limited until 2008.

The government introduced an Electronic Transactions Act and an E-Business Act in 2000.

On March 17, 2003, The Government of Vanuatu announced amendments to its Interactive Gaming legislation, to offer a more competitive licensing regime for online sportsbooks and betting exchanges.

Effective on that date, Asia Pacific Totalisators Ltd. received the first Limited (Sports Book) Interactive Gaming License, for a period of 15 years. The amendments gave effect to the introduction of a new licensing fee structure for firms, restricting the scope of their operations to Event Wagering - Fixed odds, and/or P2P (Betting Exchange), and/or Parimutuel.

 

 

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