The Digital Economy Partnership Agreement (DEPA) entered into force
DEPA was celebrated between Singapore, Chile and New Zealand. It has been depicted by the government of Singapore as a ‘new kind of economic engagement and trade in the digital era’. Unlike free trade agreements, which cover a broad range of issues, Digital Economy Agreements focus on digital aspects, such as paperless trade, e-invoicing, data flows, data protection, digital identities and artificial intelligence. A similar Digital Economy Agreement, signed with Australia, entered into force on December 8 2020The agreement was celebrated between Singapore, Chile and New Zealand. DEPA has been depicted by the government of Singapore as a ‘new kind of economic engagement and trade in the digital era’. Unlike free trade agreements, which cover a broad range of issues, Digital Economy Agreements focus on digital aspects, such as paperless trade, e-invoicing, data flows, data protection, digital identities and artificial intelligence. A similar Digital Economy Agreement, signed with Australia, entered into force on December 8 2020.
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