Republic of Korea: Announced negotiations on Korea-Singapore Digital Partnership Agreement including provisions to enable cross-border data flows

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Announced negotiations on Korea-Singapore Digital Partnership Agreement including provisions to enable cross-border data flows

On 22 June 2020, the Governments of Korea and Singapore announced the launch of negotiations for the Korea-Singapore Digital Partnership Agreement (KSDPA). The KSPDA seeks to facilitate electronic commerce and cross-border businesses. In particular, the Agreement aims to strengthen bilateral cooperation in new emerging digital areas, such as personal data protection, cross-border data flows, digital identities, fintech and artificial intelligence.

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Scope

Policy Area
Data governance
Policy Instrument
Cross-border data transfer 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…