MAR 07, 2018 | US
BSA Praises Digital Trade Chapter in Newly Signed Trans-Pacific Partnership Agreement
WASHINGTON – March 8, 2018 – BSA | The Software Alliance applauds the signing of the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) in Chile today by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. The agreement’s e-commerce chapter creates the first binding multilateral rules in a trade agreement on cross-border data flows, restrictions on data localization, and protecting source code disclosure, among others. Moving data across borders is critical for services that sustain global commerce, improve health and safety, promote social good, and enable the technologies of the future.
BSA urges negotiators for the digital trade chapter of the North American Free Trade Agreement (NAFTA) to build upon the provisions established in CPTPP. We likewise recommend that the US Government pursue possibilities for re-engagement on TPP with the TPP-11 governments, as it recently indicated it is considering.
BSA also encourages CPTPP governments to incorporate the agreement’s e-commerce provisions into other free trade agreements they are pursuing with third countries. Together, the CPTPP and a modernized NAFTA could form the basis for a broad international consensus on digital trade rules that will continue the growth of the global economy and foster innovation.
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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, and other cutting-edge 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. BSA also supports its members and their customers by raising awareness of the risks of unlicensed software use and the benefits of software asset management, driving license compliance and software adoption around the world through sound IT procurement.