Digital Trade: Leveraging Technology for Economic Recovery and Resilience
19 September, 09:00 to 18:00, County Hall, Belvedere Rd, London SE1 7PB
About the session: The Age of Fragmentation is upon us. Governments are in a rush to regulate digital, with a potpourri of new, often inconsistent rules emerging, precisely at the point digital is required to underpin and drive economic recovery and growth. According to the World Economic Forum, 70% of new value created in the economy over the next decade will be based on digitally enabled business models – but only if those models are able to scale.
How do we best balance these challenges – and trade-offs? How can we ensure that the use of digital enables equitable and inclusive participation in digital economies? With trade in goods now in decline, and trade in services having plateaued for almost a decade, trade in digital is required if the world is to see a renewed set of opportunity and innovation. How do we now need to be looking at these questions to be able to drive rapid progress forward without compromising national security, fair competition, and individual agency? What does fit for purpose digital economy regulation and development look like? Among the spaghetti soup of digital trade FTAs what is emerging that can be taken forward?