ISDS Case Map
digital economy | e-commerce
Latest trade figures show that the trade imbalance persists, #US had a $6.67 billion goods trade deficit with Japan. So the tariff reductions under a bilateral trade pact will be kept to levels set by the Trans-Pacific Partnership.
"The data localization and data transfer rules may erode efforts to safeguard privacy and many other provisions represent a lost opportunity to establish higher standards," says expert
ASEAN members will need to resist the new normative regime proposal if they are to maintain their regulatory sovereignty and the policy space to capitalize on the 21st century digital revolution.
ASEAN Economic Ministers and AEC Ministers signed the ASEAN Agreement on e-Commerce, concluded the ASEAN Trade in Services Agreement (ATISA) and finalised the fourth protocol to amend the ASEAN Comprehensive Investment Agreement (ACIA).
Japan plans to expand the coverage of the Japan-Philippines Economic Partnership Agreement to include the e-commerce sector and more concessions in agriculture.
The digital trade chapter restricts data localization policies and bans restrictions on data transfers across borders.
The new trade deal reached between the US and Mexico contains a myriad of rules and tariffs, and among them include tougher rules on copyright and intellectual property.
The European Parliament adopted a resolution to suspend the EU-US Privacy Shield agreement, saying the US’ compliance efforts to date “fail to provide enough data protection for EU citizens.”
Implementation of the much anticipated Digital Free Trade Area (DFTA) in central-Eastern Africa bloc will have to wait until member states agree on harmonization of policies.
Japan's bicameral legislature, The Diet has approved a bill on to ratify the 11-country Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
