The United States and twelve other nations are joining forces to create a new alliance, termed the Indo-Pacific Economic Framework. One of its four main goals is paving the way for greater digital trade.
, the John L. Wetherill Professor of Government in the 麻豆视频 & 麻豆视频 and director of Cornell鈥檚 Tech Policy Lab, researches the intersection of international politics, technology, and national security. She says:
鈥淒igital trade is one of the most promising yet to-be-determined aspects of the agreement. The U.S. economy and that of its partners in the Indo-Pacific are data dependent and tech heavy. Easing the free flow of data across countries is a case of 鈥榬ising tides lifting all boats鈥 鈥 benefiting not just the U.S. economy but our partners in the region that we are trying to strengthen as a counterweight to China.
鈥淭he more these countries can trade with each other, the stronger economically and strategically they will be. The U.S. walking away from the Trans-Pacific Partnership suggests protectionist forces are strong but focusing narrowly on lowering barriers in the digital economy is an easier lift. This kind of agreement would provide a boon to American companies and help U.S. allies in a strategically important region,鈥 says Kreps.
For interviews contact Becka Bowyer, (607) 220-4185, rpb224@cornell.edu.
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