Digital Economy Agreements: The New Phase in Economic Alliances

... lower costs in e-commerce. The bilateral agreement in effect upgrades the Singapore-Australia FTA (SAFTA) via a new digital economy chapter and is to serve as a benchmark for other digital trade agreements. At the end of 2020 digital trade facilitation ... ... Partnership (RCEP), which is currently the largest regional economic block in the world accounting for nearly 30% of global GDP. E-Commerce is singled out as a key priority in chapter 12 of the trade pact, which targets electronic authentication and ...