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Description

Signed Korea-Singapore Digital Partnership Agreement including data localisation prohibition

On 21 November 2022, the governments of Korea and Singapore signed the Korea-Singapore Digital Partnership Agreement. The Agreement seeks to deepen cooperation in the digital economy between both countries by establishing digital trade rules that promote interoperability between digital systems. The Agreement states that the parties will implement measures against requirements for data localisation and allow businesses to choose where their data is stored and processed and their cloud technology of choice. The Agreement enters into force 30 days after its adoption.

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Scope

Policy Area
Data governance
Policy Instrument
Data localisation requirement
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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2020-06-22
under deliberation

On 22 June 2020, the Governments of Korea and Singapore announced the launch of negotiations for th…

2021-12-15
under deliberation

On 15 December 2021, the Governments of Korea and Singapore announced the conclusion of negotiation…

2022-11-21
adopted

On 21 November 2022, the governments of Korea and Singapore signed the Korea-Singapore Digital Part…

2023-01-14
in grace period

On 14 January 2023, the Digital Partnership Agreement, signed by the Government of Korea and Singap…