Singapore-UK digital economy pact to focus on cybersecurity, trade

0
193

Eileen Yu

Written by

Eileen Yu, Contributor

Eileen Yu

Eileen Yu
Contributor

Eileen Yu began covering the IT industry when Asynchronous Transfer Mode was still hip and e-commerce was the new buzzword. Currently an independent business technology journalist and content specialist based in Singapore, she has over 20 years of industry experience with various publications including ZDNet, IDG, and Singapore Press Holdings.

Full Bio

Posted in By The Way

on December 10, 2021

| Topic: Tech Industry

Singapore and the UK have wrapped up negotiations on a digital economy agreement that focuses on digital trade, data flows, and cybersecurity. Under the pact, both nations will look to establish, amongst others, interoperable systems for digital payments, secured data flows, and digital identities, as well as collaborate on cybersecurity. 

When formally inked, the digital economy agreement would be Singapore’s third following two others it signed with Chile and New Zealand as well as Australia. 

The UK agreement included “binding disciplines” of the digital economy such as data, and cooperation in emerging areas including artificial intelligence, fintech, digital identities, and legal technology. 

Data Management

|
CXO

|
Government

|
Security