Singapore, UK begin talks on digital economy agreement

SINGAPORE: Singapore and the United Kingdom have launched negotiations on a digital economy agreement between the countries.

"This will include establishing forward-looking rules to enable trusted cross-border data flows, prohibit data localisation, and ensure high standards in data protection."

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UK, Singapore launch talks on digital trade agreementBritain and Singapore will on Monday start negotiations on a new digital trade agreement that could remove barriers, part of London's push to become what it calls a 'global tech powerhouse' post-Brexit. Since completing its exit from the European Union at the end of last year, Britain has been pressing ahead with new trade deals especially with countries in the Indo-Pacific region, with the most recent agreement signed with Australia. Digital trade is seen as key by the government to support British tech companies in capitalising on investment opportunities abroad to try to help a post-COVID recovery. DEAs are the way forward.
Source: YahooSG - 🏆 3. / 71 Read more »

UK, Singapore launch talks on digital trade agreementBritain and Singapore will on Monday start negotiations on a new digital trade agreement that could remove barriers, part of London's push to become what it calls a 'global tech powerhouse' post-Brexit. Since completing its exit from the European Union at the end of last year, Britain has been pressing ahead with new trade deals especially with countries in the Indo-Pacific region, with the most recent agreement signed with Australia. Digital trade is seen as key by the government to support British tech companies in capitalising on investment opportunities abroad to try to help a post-COVID recovery. DEAs are the way forward.
Source: YahooSG - 🏆 3. / 71 Read more »