US Needs to Prioritize Digital Trade in Indo-Pacific: ITI
As part of its increased economic initiatives in the Indo-Pacific, the Biden administration “should pursue agreements with binding commitments on digital trade,” while recognizing the region’s significance as “a hub of vital economic trade partners and a rule-maker in its…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
own right,” blogged Michaela Wong, Information Technology Industry Council senior policy manager-Asia. “A more traditional digital trade agreement would enable the U.S. to secure those binding commitments, while serving as one of the most effective foreign policy tools for the administration to balance against China’s economic, diplomatic, and strategic influence,” said Wong Monday. “If the U.S. continues to lurk around the edges without initiating negotiations and enshrining strong digital trade norms, Beijing will certainly fill the void in discussions on trade, investment, and digital infrastructure.”