Thursday, May 23, 2024

USCC: Global Digital Policy Declaration outlines ten principles

The Global Digital Policy Declaration outlines ten principles that will help promote competitiveness and economic growth. These principles aim to establish a global marketplace with smart regulatory practices powered by technology for industries of all sizes and across all sectors both today and tomorrow. To successfully harness the benefits of technology, governments around the world should:

  1. Foster appropriate regulatory environments to promote the benefits of the digital economy while also providing the proper amount of oversight.
  2. Commit to cross-border data flows by enabling the movement of data across borders, a key aspect of the 21st-century economy.
  3. Embrace international competition and open markets by removing practices that deter investment, delay innovation, and cut off consumers from the best digital products and services.
  4. Get data protection right by avoiding a one-size-fits-all superstructure of data protection, and instead support an approach that recognizes differences among industries in their use of data, allows for the legitimate business uses of personal data, empowers consumers to make informed choices, and enables cross-border data flows.
  5. Prioritize internet access, consumer choice, and good governance by fostering a marketplace that promotes legitimate commerce and uses of the Internet to help spur transformative innovations for economies of all sizes.
  6. Protect intellectual property by ensuring patents, copyrights, trademarks, and trade secrets can continue to play central roles in driving growth, investment, and competition.
  7. Abide by market-driven international standards by avoiding untested, complicated rules that create technical barriers to free and fair trade.
  8. View cybersecurity as a partnership by establishing collaborations between the government and private sector and by focusing on protection rather than mandatory incident reporting.
  9. Modernize customs for the digital era by supporting supply chains with new approaches to customs, such as raising “de minimis” levels and streamlining the customs process.
  10. Seek cooperation and accountability among governments by making high-standard, high-accountability commitments through the G7, G20, Asia- Pacific Economic Cooperation (APEC), Organisation of Economic Development (OECD), and bilateral agreements.

Source: USCC

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