Digital Economy Partnership Agreement Explained

Digital Economy Partnership Agreement (DEPA) represents a new type of trade agreement to facilitate digital trade and creating a framework for the digital economy, was born out of the common interest of Chile, New Zealand and Singapore.^{[1] [2] [3] [4] [5] [6] [7]}

The agreement was virtually signed on June 12, 2020.^[3] South Korea requested to participate on September 13, 2021.^[8] China requested to participate on October 31, 2021, and its formal accession process began on August 18, 2022.^{[9] [10]}

On May 3, 2024, South Korea joined DEPA as forth member^[11]

External links

• Digital Economy Partnership Agreement (DEPA) Foreign Trade Information System, Organization of American States
• Unpacking the Digital Economy Partnership Agreement(DEPA)
• The Digital Economy Partnership Agreement, a milestone in trade negotiations

Notes and References

1. Web site: Digital Economy Partnership Agreement (DEPA). December 16, 2020. Ministry of Trade and Industry (Singapore). January 18, 2021. https://web.archive.org/web/20210118060435/https://www.mti.gov.sg/Improving-Trade/Digital-Economy-Agreements/The-Digital-Economy-Partnership-Agreement. dead.
2. Web site: UNPACKING THE DIGITAL ECONOMY PARTNERSHIP AGREEMENT (DEPA). December 16, 2020. Asian Trade Centre (Singapore). January 28, 2020.
3. Web site: Digital Economy Partnership Agreement (DEPA). December 16, 2020. Foreign Trade Information System of Organization of American States.
4. Web site: Singapore, Chile, NZ ink deal to boost digital economy cooperation. December 16, 2020. The Straits Times. June 13, 2020.
5. Web site: Building on the modular design of DEPA. December 16, 2020. East Asia Forum. July 10, 2020.
6. Web site: Singapore, New Zealand, and Chile inch towards digital economy pact. December 16, 2020. zDNet. January 21, 2020.
7. Web site: Singapore signs digital economy partnership agreement with Chile, New Zealand. December 16, 2020. Business Times (Singapore). June 12, 2020.
8. Web site: Korea to officially deliver intention to join DEPA. 2021-11-01. 2021-09-12. The Korea Times.
9. Web site: 中國申請加入數字經濟夥伴關係協定. 2021-11-01. 2021-11-01. hket.
10. Web site: Digital Economy Partnership Agreement Joint Committee Commences Accession Working Group For China.
11. Web site: South Korea joins digital trade agreement founded by S'pore, New Zealand and Chile. May 4, 2024. May 3, 2024. The Straits Times.