Digital trade top agenda item in pending Canada-U.K. trade talks DENE MOORE Published December 10, 2020
Sean Kilpatrick/The Canadian Press
When Canada and Britain begin negotiations as early as next year on a bilateral, post-Brexit trade deal, digital trade will be a top priority.
Digital trade – the transaction of goods and services and flow of data online – is considered the fastest-growing segment of international business, adding trillions of dollars to global gross domestic product each year.
Yet, the digital revolution to date has taken place largely in regulatory purgatory, growing exponentially in the absence of a multilateral governance structure, which makes its presence in trade agreements both necessary and complicated.