Republic of Korea: Concluded negotiations of the Korea and Singapore Digital Partnership Agreement including including online consumer protection

Compare with different regulatory event:

Description

Concluded negotiations of the Korea and Singapore Digital Partnership Agreement including including online consumer protection

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. 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. Furthermore, the Agreement would enable the cooperation between the parties on consumer protection regulations.

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

Hide details
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…