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International relations

Singapore and TPP trailblazers now turn to digital rule-setting

Partners seek to draw global standards for AI, fintech and personal data

Chan Chun Sing, Singapore's minister for trade and industry, center, holds the signed joint statement for the Digital Economy Partnership Agreement with counterparts from New Zealand and Chile.

SINGAPORE -- Singapore, New Zealand and Chile concluded negotiations on an agreement on digital trade Tuesday, featuring rules on e-commerce and new technologies aimed at promoting trade and investment.

The Digital Economy Partnership Agreement, or DEPA, goes "beyond the current disciplines in our existing free trade agreements," Chan Chun Sing, Singapore's minister for trade and industry, said. "We also want to address new issues intrinsic to the digital realm such as the governance of artificial intelligence and digital identities."

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