The new rules on digital trade in Latin America: regional trade agreements

- 28 May 2021

Trade topics: Digital Trade, Regional Integration, Trade Policy

While recent technological advances have supported an increase in digital trade, this growth has occurred with a lack of clear and defined rules. This deficiency has become an issue for Latin American countries. With the multilateral trade regime impasse, more complex regional and bilateral agreements have emerged. The formulation of digital trade regulation raises many questions. In this chapter we deal with the new rules on digital trade in regional trade agreements (RTAs) recently negotiated by Latin American economies. In this work, special emphasis is given to comparing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the United States-Mexico-Canada Agreement (USMCA), the most advanced RTAs regarding these issues.