detail - Foundation Office Japan / Regional Economic Programme Asia (SOPAS)
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Key messages include:
- Cross-border e-commerce, digital payments and digitally enabled transactions in goods and services have expanded.
- Digital trade expansion faces challenges such as the growing digital gap, antiquated trade rules, concerns on data ownership, privacy and security.
- Addressing these challenges require adapting forward-looking trade agreements, modernizing trade rules, and closing the digital divide between developed and developing economies.