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Description

Signed Korea-Singapore Digital Partnership Agreement, including online consumer protection

On 21 November 2022, the Governments of Korea and Singapore signed the “Korea-Singapore Digital Partnership Agreement” (KSDPA). The Agreement seeks to deepen cooperation in the digital economy between both countries by establishing digital trade rules that promote interoperability between digital systems. Regarding online consumer protection, the Agreement provides that both countries will adopt or maintain laws and regulations against fraudulent, misleading or deceptive conduct that causes harm to consumers engaged in online commercial activities. The Agreement enters into force 30 days after its adoption.

Original source

Scope

Policy Area
Other operating condition
Policy Instrument
Consumer protection regulation
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 Par…

2023-01-14
in grace period

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