European Union: Announced first round of negotiations for the Korea- EU digital trade agreement including customs duties on electronic transmissions

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Description

Announced first round of negotiations for the Korea- EU digital trade agreement including customs duties on electronic transmissions

On 13 December 2023, the Ministry of Trade, Industry and Energy announced the commencement of negotiations for the Korea-European Union digital trade agreement in Brussels from December 13 to 15. This marks the first round of negotiations since the announcement from October by trade ministers. The discussions aim to address digital trade norms and cooperation, focusing on key areas such as data transfer, personal information protection, cybersecurity, and electronic contracts, in line with the principles outlined in the Korea-EU Digital Trade Principles of November 2022. In particular, one of the topics that may be discussed is the role of customs duties on electronic transmissions and the transmitted content.

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Scope

Policy Area
International trade
Policy Instrument
Customs duties on electronic transmissions
Regulated Economic Activity
cross-cutting
Implementation Level
bi- or plurilateral agreement
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2023-10-31
under deliberation

On 31 October 2023, the European Commission Executive Vice-President and the Korean Minister for Tr…

2023-12-13
under deliberation

On 13 December 2023, the Ministry of Trade, Industry and Energy announced the commencement of negot…