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.
BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the world’s most innovative companies, creating software solutions that help businesses of all sizes in every part of the economy to modernize and grow.
With headquarters in Washington, DC, and operations in more than 30 countries, BSA pioneers compliance programs that promote legal software use and advocates for public policies that foster technology innovation and drive growth in the digital economy.