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Data-Empowered Economy: Trade Agreements Matter
December 10, 2020
Thursday, December 10, 2020
10:00 a.m. – 11:30 a.m. ET | 4:00 p.m. – 5:30 p.m. CET
As countries intensify regulations on collecting, processing, and transferring data, the potential impediments to trade and innovation could have far-reaching economic effects. Due to the increased importance of data for the global economy, a wide variety of industries risks being impacted. This raises the question: How can countries balance their right to regulate and protect legitimate interests without unnecessarily raising trade barriers and hampering economic progress?
In this webinar, Sidley’s Digital Trade Team led by Arnoud Willems and Tatjana Sachse, with Maryanne Kamau and Ines Willemyns will discuss with government and industry representatives how international trade rules can contribute to a data-empowered economy and help strike a balance by examining three scenarios:
- the status quo: the possibilities and limits of the current trade rule
- the contribution the current multilateral negotiation agenda can offer, especially the WTO e-commerce negotiations
- the appeal of creating a new legal framework for trade in data-intensified goods and services to maximize economic growth; in particular, the implications of China’s recent call for a Global Initiative on Data Security
To ensure a broad and representative perspective we are pleased to be joined by:
- Justin Duarte Pine, Senior Director, International Affairs, Biotechnology Innovation Organization (BIO)
- Barry McKeon, Senior Policy Manager – Trade and Competition, DIGITALEUROPE
- Michele Pastore, Senior Public Affairs Manager, Huawei
- Faith Perh, Deputy Director, International Trade – Digital Economy, Ministry of Trade and Industry, Singapore