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DEC 15, 2021 | ASIA PACIFIC | KOREA | SINGAPORE

Singapore and South Korea Conclude Negotiations on Digital Economy Agreement

Channel News Asia, December 15, 2021

By Yasmin Begum

A new digital economy agreement between Singapore and South Korea will enable more seamless cross-border data flows and build a "trusted and secure" digital environment for businesses and consumers, said Singapore authorities on Wednesday.

Businesses with dealings in South Korea say they will benefit from the KSDPA.

"Many companies from around the world face a range of cross-border data restrictions in South Korea, and we hope that this agreement will point in a new policy direction," said BSA's Jared Ragland.

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Original Posting: https://www.channelnewsasia.com/singapore/singapore-south-korea-digital-economy-agreement-negotiations-2380641

ABOUT BSA

The Business Software Alliance (www.bsa.org) is the global trade association of the enterprise software industry, representing companies that are leaders in artificial intelligence, cybersecurity, cloud computing, quantum, and other breakthrough technologies. We work in over 20 markets in the US, Europe, and Asia, advocating for policies that build trust in technology so that every industry sector and the public can benefit from innovation. 

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