ELI5: Explain Like I'm 5

Trade and Technology Council

A trade and technology council is a group of people who come together to discuss and decide how to use technology to help trade. Trade is when people or businesses buy and sell goods and services to each other. Technology is the use of machines, computers, and other inventions that make things easier. So a trade and technology council is a group of people who try to figure out how to use tech to make trading easier, faster, and more efficient. For example, they might decide to use a website to help businesses buy and sell products, or they could create a system that allows people to pay for products using their phones. They might also come up with ideas to make it easier to track shipments of goods and make sure they get to their destinations safely.