e-commerce | digital economy
In this competition over standards, whichever nation first strikes a trilateral deal with technology leaders Japan and South Korea will secure a strategic chokepoint in the digital architecture of Asia.
The organizations said including a legal shield for tech companies in trade deals “reflects a broad effort by the big tech platforms to use ‘trade negotiations’ to limit domestic policy options.”
South Korea held a public hearing on its bid to join a global pact on the digital trade sector that covers a wider array of issues beyond conventional free trade agreements.
US Trade Representative has raised digital trade as an area of potential future cooperation in her coversations thus far with Asian partners.
Trade officials in the meeting of the US-Central Asia Trade and Investment Framework Agreement (TIFA) discussed the importance of digital trade for achieving broad-based inclusive economic growth and innovation.
Some WTO Members are negotiating rules on ecommerce. This is the draft consolidated text as of 14 December 2020.
Some WTO Members are negotiating rules on ecommerce. This is the draft stocktake text as of August 2020.
The RCEP will undoubtedly pave the way for China’s new digital yuan expansion throughout Asia.
A Latin American social media industry group that includes Facebook and Twitter said a reform in Mexico would violate an international trade pact, in swift backlash to a draft bill that seeks to regulate social media platforms.
Google’s Singapore subsidiary could use a controversial ISDS provision in the Singapore-Australia Free Trade Agreement to demand millions in compensation over proposed Australian regulation for payment of news content.
Google and Facebook could sue the government for billions of dollars over a proposed law to force the digital giants to pay publishers for displaying news content, by seizing on investment clauses in the Australia-Singapore trade agreement.
The US has said the proposed legislation could run counter to the US-Australia free trade agreement.
German industry group BDI wants the EU to ban localization requirements and other limits to the free flow of data across borders.
The Digital Economy Partnership Agreement between New Zealand, Singapore, and Chile will enter into force today.
Britain hopes Singapore and Vietnam deals will bring it closer to joining Trans-Pacific Partnership.
When Canada and Britain begin negotiations as early as next year on a bilateral, post-Brexit trade deal, digital trade will be a top priority.
A cooperation plan between Brussels and Washington reportedly includes attempts to revive parts of Transatlantic Trade and Investment Partnership (TTIP) that focus on regulatory cooperation regarding new technologies.
One prominent digital-privacy group is warning that a new trade deal between the United Kingdom and Japan could result in an “existential threat” to British data privacy.
We must ensure that, as we enter a new phase in the digital disruption of the economy, we do not shackle our democratic institutions from regulating the digital sphere.
Kenya’s plans to tax digital services could hit a brick wall following its negotiations for a free trade deal with the US.