It will also enable trusted cross-border data flows without unnecessary and costly requirements such as data localisation while protecting consumers’ privacy and businesses’ proprietary information.
What are Digital Economy Agreements (DEAs)?
They also complement Singapore’s leadership role at the World Trade Organisation (WTO) as the co-convener (together with Australia and Japan) of the Joint Statement Initiative on E-Commerce (JSI).
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Singapore has concluded negotiations on two DEAs:
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