The study - conducted by independent finance expert Dr Venu Kumar - came to the conclusion that the financial services, tourism, and fisheries sectors could bring most potential benefit to the country by engaging fully in e-commerce practices. It recommended that the Government and the private sector work together to strengthen the existing e-commerce framework, which, Dr Kumar suggested, is not being used to its full potential by many businesses and service providers in the Seychelles.

Speaking on behalf of the MIIB, Research Officer Garry Domingue said that he was confident that the jurisdiction could develop its e-commerce potential, explaining that the financial and other business sectors are already well-versed in the theory and advantages of electronic operations. According to the MIIB, the findings of the report will now be submitted to the Commonwealth Secretariat, which will liaise with the Ministry in order to find the most effective way of implementing its recommendations.

The release of the report follows an earlier meeting between the MIIB, the Seychelles International Business Authority (SIBA), and the Seychelles Association of Offshore Practitioners of Registered Agents (SAOPRA), which was held to find ways in which to increase the international competitiveness of the jurisdiction's offshore finance sector. Diversification into greater electronic service provision was also recommended at that meeting.