SEOUL, November 21st (Yonhap) On Monday, South Korea and Singapore officially signed a bilateral digital partnership agreement aimed at promoting digital trade and industry cooperation, the Seoul Ministry of Commerce announced.
The Digital Partnership Agreement (DPA) signing ceremony was held in Singapore earlier on the same day as Seoul’s Commerce Minister Ahn Duk Geun is visiting the country, according to the Ministry of Commerce, Industry and Energy.
The ministry added that this is the first digital trade agreement in South Korea.
The two countries began negotiating the pact in June 2020 and concluded it late last year.
According to the ministry, the DPA is designed to set rules for faster and more secure digital transactions, facilitate digital commerce, including digital content and various online services, and better protect consumers in online commerce.
The pact is also expected to promote South Korea’s exports to the wider Association of Southeast Asian Nations through online platforms, as Singapore hosts leading e-commerce platforms such as Lazada and Shopee.
He added that Singapore is South Korea’s 11th largest trading partner and has a similar level of digitization.
Today Latest News Update
News live today
All these news that I made and shared for you people, you will like it very much, and in them we continue to offer topics for you people, like every time, so that you continue to receive news information, such as popular topics, and you. Our goal is to be able to receive
all kinds of news without passing through us, so that we can bring you the latest and greatest news for free, so that you can move on, getting informed about this news with you. In the future, we will continue
give information about more world news update today Types of breaking news through the posts on our website so that you always get ahead in this news and whatever information is there, it will definitely be passed on to you people.
World news today
All this news that I brought you or will be the most different and best news that you people will not get anywhere, along with information Breaking News, Breaking News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, World News out of this, available to all of you, so that you are always in touch with the news, be ahead in this matter and continue to receive news today all types of news for free until today so you can get news while getting it. Always take two steps forward
Credit goes to a news site – This is the news website of the owner of the original content. This is not my content so if you want to read the original content you can follow the links below.