South Korea’s entry in global digital economy pact signals ambitious goals



Analysis South Korea’s entry in global digital economy pact signals ambitious goals Through its involvement in DEPA, South Korea aims to lead and innovate in global digital commerce and cybersecurity Irina KorgunOctober 25, 2023 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON A digital representation of a world map overlaid with financial data \| Image: Korea Pro In June 2023, South Korea affirmed its digital strategy by becoming the first non-founding member to join the Digital Economy Partnership Agreement (DEPA). The ROK’s participation in DEPA, initiated by New Zealand, Chile and Singapore in 2020, goes beyond expanding its portfolio of global trade agreements. It represents the country’s commitment to actively participate in shaping the regulatory framework of the increasingly digital global economy. In June 2023, South Korea affirmed its digital strategy by becoming the first non-founding member to join the Digital Economy Partnership Agreement (DEPA). The ROK’s participation in DEPA, initiated by New Zealand, Chile and Singapore in 2020, goes beyond expanding its portfolio of global trade agreements. It represents the country’s commitment to actively participate in shaping the regulatory framework of the increasingly digital global economy. Get 30 days of free access to KoreaPro Full access to all analysis The KOREA PRO newsletter, every business day Daily analysis on the top story of the day The ability to suggest topics for coverage by our specialist team Be smart about South Korea Get full access to expert analysis and opinion. Start now No charges during your trial. Cancel anytime. A paid subscription will start after 30 days. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Briefing Start your day with the South Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily Briefing. LATEST ANALYSIS 01South Korea’s women-only universities weigh co-education as enrollments decline 02South Korea targets semiconductor self-reliance for national defense 03Employment for married South Korean women hits record but Devil is in details 04Trump’s return forces South Korea’s defense industry to adapt to new realities 05Lee Jae-myung verdict disrupts South Korea’s opposition party and 2027 election 06South Korea grapples with how to stymie crypto-fueled drug trade 07Science vs. Humanities: Why South Korean students switch their academic tracks 08How pro-Russian hackers took down South Korea websites over support for Ukraine

Analysis

South Korea’s entry in global digital economy pact signals ambitious goals

Through its involvement in DEPA, South Korea aims to lead and innovate in global digital commerce and cybersecurity

Irina KorgunOctober 25, 2023

South Korea’s entry in global digital economy pact signals ambitious goals

A digital representation of a world map overlaid with financial data | Image: Korea Pro

In June 2023, South Korea affirmed its digital strategy by becoming the first non-founding member to join the Digital Economy Partnership Agreement (DEPA).

The ROK’s participation in DEPA, initiated by New Zealand, Chile and Singapore in 2020, goes beyond expanding its portfolio of global trade agreements. It represents the country’s commitment to actively participate in shaping the regulatory framework of the increasingly digital global economy.

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Irina Korgun

South Korea’s entry in global digital economy pact signals ambitious goals

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