Digital Economy Partnership Agreement (DEPA) represents a new type of trade agreement to facilitate digital trade and creating a framework for the digital economy, was born out of the common interest of Chile, New Zealand and Singapore.
The agreement was virtually signed on June 12, 2020. South Korea requested to participate on September 13, 2021. China requested to participate on October 31, 2021, and its formal accession process began on August 18, 2022.
On May 3, 2024, South Korea joined DEPA as fourth member.
As a supplement Singapore-Australia Digital Economy Agreement (SADEA) was signed in August 2020.
References
External links Digital Economy Partnership Agreement (DEPA) Foreign Trade Information System, Organization of American States Unpacking the Digital Economy Partnership Agreement(DEPA) The Digital Economy Partnership Agreement, a milestone in trade negotiations