Digital Economy Agreements
Debate between Lord Clement-Jones and Earl of Minto(9 months, 1 week ago)
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The Earl of Minto (Con)
I entirely agree with my noble friend. Our vision is for the UK to be a global leader in digital trade, with an entire network of international agreements that drive economic growth, create jobs and improve productivity throughout the UK.
Lord Clement-Jones (LD)
My Lords, how do the Government intend to ensure that while conforming to the terms of digital trade agreements such as the UK/Singapore agreement, or the digital terms of the CPTPP, they still retain data adequacy for EU purposes? Is the Government’s market-driven championing of the international flow of data and the terms of these agreements not in conflict with that?
The Earl of Minto (Con)
No, my Lords, I am not sure that they are in conflict. Technological advances in free trade agreements will ensure that this country, among others, will be able to trade freely with a very wide range of companies and countries.
The Earl of Minto (Con)
The noble Lord makes a very good point: anything that improves the speed of these free trade agreements can only be for the benefit of the country. The ones we are looking at at the moment are with India, Switzerland, Israel, Canada, Mexico and the GCC, and digital economy agreements will be in every one. There are digital trade provisions in a further 30 to 40 free trade agreements: I am very happy to give him a list but I do not think it is appropriate to read it out now. The very heart of this is making trade easier, faster, more secure and of course cheaper.
Lord Clement-Jones (LD)
My Lords, I shall have another go. The Minister really did not answer my question on data, so perhaps I should put it another way. Can the UK ensure regulatory interoperability among free trade agreement partners with different data protection regimes given the discrepancy in their regulatory frameworks? What I am trying to find out is the care with which these agreements have been negotiated with regard to data adequacy.
The Earl of Minto (Con)
My Lords, I absolutely understand the point and I am assured that the security of data is second to none throughout these free trade arrangements, but I will be very happy to write with the full details.