The Limits of Data Localization Laws: Trade, Investment, and Data

On the 8th and 9th of June, 2019, the G20 Ministerial Meeting on Trade and Digital Economy took place in Tskuba, Japan. In a Ministerial Statement released after the meeting, the Ministers reaffirmed their commitments to transborder data flows noting that it generates higher productivity, greater innovation, and improved sustainable development, while acknowledging certain challenges related to “privacy, data protection, intellectual property rights, and security”.

Indeed, with the increasing importance of data in everything from cloud computing, the internet of things and big data analytics, the free flow of data is essential to unlocking the full potential of global e-commerce and modern business in data driven economy.

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