Digital services trade is a fundamental and growing element of our shared economic future. But policy makers are disrupting cross-border ecosystems by adopting divergent governance approaches. To realise the full potential of an inclusive digital market, it is vital that we embrace new means of regulatory cooperation on cornerstone technologies.
Trade in digital services is a growing part of the global economy, but it is hampered by divergent national standards on privacy, cybersecurity, and other issues. This Policy Brief makes recommendations for the G20 to play a leading role in promoting international standards for digital trade, supporting multilateral efforts, and building capacity in developing countries.