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

Description

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

On 15 December 2021, the Governments of Korea and Singapore announced the conclusion of negotiations for the Korea-Singapore Digital Partnership Agreement (KSDPA). The KSDPA will strengthen digital connectivity between both countries by facilitating cross-border data flows and prohibiting data localisation. Furthermore, the Agreement will also deepen bilateral cooperation in new emerging areas such as personal data protection, E-payments, and source code protection.

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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…