Singapore and the United States (“US“) have announced the conclusion of a bilateral Digital Economic Cooperation Roadmap (“Roadmap“) on 31 July 2024. The Roadmap identifies shared principles for the digital economy, and priority areas of mutual interest for cooperation. It stands as a foundation for further collaboration on the digital economy to jointly deliver tangible benefits for our businesses, workers, and societies.
The Roadmap includes the following key features:
- Artificial Intelligence. The US and Singapore intend to develop and adopt governance frameworks for the safe, secure, and trustworthy development, deployment, and evaluation of Artificial Intelligence (“AI“) technologies and seek to promote fair and competitive markets. The US and Singapore are also committed to supporting ASEAN’s AI adoption through the development of the ASEAN Responsible AI Roadmap.
- Data Governance. The US and Singapore intend to continue working to promote participation in the Global Cross-Border Privacy Rules Forum. The US and Singapore also exchanged information in areas including enhancing the trusted flow of data, use of open government data, data innovation, data protection, privacy-enhancing technologies, and identifying areas for industry and research collaboration.
- Cybersecurity. The US and Singapore intend to work together to identify areas of common or equivalent cybersecurity requirements to facilitate and advance reciprocal certification of multi-level and binary labelling schemes.
- Online Consumer Protection. The US and Singapore may exchange information and best practices on enhancing online consumer protection.
- Digital Connectivity and Infrastructure. The US and Singapore intend to collaborate with ecosystem stakeholders to explore ways to strengthen international connectivity, including information sharing on standardisation and pre-standardisation work, exploring joint use cases, and encouraging the development of interoperable technology ecosystems.
Click on the following link for more information:
- Singapore and the US Announce Conclusion of a Digital Economic Cooperation Roadmap at the Second Critical and Emerging Technology Dialogue (available on the Ministry of Trade and Industry Singapore website at www.mti.gov.sg)
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