WEBVTT 00:00:00.000 --> 00:00:01.380 - Tell me more about the DEFA. 00:00:01.380 --> 00:00:03.930 What is it about and how did you come up with it? 00:00:03.930 --> 00:00:06.840 - The Digital Economic Framework Agreement, the DEFA, 00:00:06.840 --> 00:00:10.136 is truly something we are very proud of. 00:00:10.136 --> 00:00:12.400 I don't think there's any region in the world 00:00:12.400 --> 00:00:15.330 that's been able to come together so quickly, 00:00:15.330 --> 00:00:17.850 and this is what the spirit of DEFA is - 00:00:17.850 --> 00:00:21.330 the ability for us to integrate our region digitally. 00:00:21.330 --> 00:00:23.100 I think this is where partnering 00:00:23.100 --> 00:00:26.430 with a strong knowledge partner like BCG has helped us. 00:00:26.430 --> 00:00:28.470 In a very short span of time, 00:00:28.470 --> 00:00:31.560 we were able to garner the data that we needed. 00:00:31.560 --> 00:00:32.910 The other important thing we needed 00:00:32.910 --> 00:00:35.400 was we needed to go and scour, 00:00:35.400 --> 00:00:38.250 what are some of the other digital agreements out there? 00:00:38.250 --> 00:00:40.680 I think there were roughly about 30 agreements 00:00:40.680 --> 00:00:42.780 that we made a very deep study into 00:00:42.780 --> 00:00:44.040 to pick up the best practices 00:00:44.040 --> 00:00:46.710 of what we need to incorporate in our own DEFA. 00:00:46.710 --> 00:00:49.320 But the most important element of our journey 00:00:49.320 --> 00:00:50.370 was the ability for us 00:00:50.370 --> 00:00:53.280 to very quickly harness what private sector wants, 00:00:53.280 --> 00:00:56.760 both small, medium sized, large local players in the region, 00:00:56.760 --> 00:00:59.730 as well as global players that are operating in our region. 00:00:59.730 --> 00:01:01.213 What is it that's going to make a difference 00:01:01.213 --> 00:01:02.940 in their decision making, 00:01:02.940 --> 00:01:04.474 and what are they expecting us 00:01:04.474 --> 00:01:06.480 to be putting into this agreements 00:01:06.480 --> 00:01:07.500 that's going to be impactful 00:01:07.500 --> 00:01:09.630 to their own growth and development? 00:01:09.630 --> 00:01:12.210 And I think once we had that information 00:01:12.210 --> 00:01:16.170 and once we showed some of this clarity to the leaders, 00:01:16.170 --> 00:01:19.230 it was so easy for us to get the commitment from them 00:01:19.230 --> 00:01:20.613 that this is the way to go.