Briefing

G7 seeks ‘common rules for digital trade’

Trade ministers meeting in London agreed on principles including that requirements to keep data local not be used for protectionism and that companies not be forced to turn over source code or encryption keys, as well as supporting relatively free cross-border data flows, “balanced” IP protections and electronic systems for import and export documentation. They also called for countries to use the World Trade Organization to develop “future-proofed” digital trade regulations. (The Logic)

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