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Another digital trade deal, what’s the big deal?

Central to the EUSDTA is the EU’s consistent preference for open and secure cross-border data flows, with significant caveats

    • As an early and leading adopter of bilateral digital economy agreements, Singapore is in the thick of the action.
    • As an early and leading adopter of bilateral digital economy agreements, Singapore is in the thick of the action. PHOTO: CMG
    Published Thu, Aug 8, 2024 · 05:00 AM

    ON JUL 25, the European Union (EU) and Singapore concluded negotiations on a Digital Trade Agreement (EUSDTA).

    The first of its kind for the EU, the agreement sets rules for cross-border data flows and consumer protection, among other commitments that facilitate digital trade.

    For Singapore, the EUSDTA will be the latest in a string of digital trade-focused agreements it has recently concluded – with Chile, New Zealand, Australia, United Kingdom and South Korea.

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