Digital Trade

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Peru will soon become the latest member of the Digital Economy Partnership Agreement (DEPA), potentially creating new opportunities for South Korea and other member nations. Seoul's industry ministry announced Tuesday that the sides have successfully reached an agreement on Peru's participation. Signed in 2020 by Chile, New Zealand, and Singapore, DEPA is the world's first stand-alone digital trade agreement.

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Nigeria stands a chance to become the central hub for Africa's digital trade initiatives. The collaboration between NACCIMA and GIZ focuses on facilitating cross-border trade and exports.

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