Biden joins the Indo-Pacific region against Chinese influence
July 13, 2021
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The administration of US President Joe Biden is considering concluding a digital trade deal in the Indo-Pacific region to prevent the spread of Chinese influence in the area, Bloomberg News reported.
The agreement could cover countries such as Canada, Chile, Japan, Malaysia, Australia, New Zealand and Singapore, Bloomberg reported, citing a well-informed source.
Details of the potential deal are still being prepared, but could set standards for the digital economy, including data usage rules, trade facilitation and electronic customs arrangements, the report said.
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