Resolution Opposing the Imposition or Expansion of Digital Trade Barriers
Model Bill Info | |
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Bill Title | Resolution Opposing the Imposition or Expansion of Digital Trade Barriers |
Date Introduced | July 26, 2024 |
Date Finalized | August 30, 2024 |
Type | Model Resolution |
Status | Final |
Task Forces | Commerce, Insurance and Economic Development; Federalism, International Relations and Homeland Security |
Keywords | International Trade |
Resolution Opposing the Imposition or Expansion of Digital Trade Barriers
WHEREAS, digital trade plays a crucial role in the U.S. economy, fostering innovation, and spurring economic growth; and
WHEREAS, the imposition of trade barriers in the digital realm could stifle technological advancements, hinder cross-border data flows, and limit the potential for international collaboration; and
WHEREAS, a free and open digital trade environment is essential for small and medium-sized enterprises (SMEs) to thrive and compete on a global scale, helping them to find customers abroad, navigate the maze of foreign customs procedures, and guaranteeing payment — all driving job creation and economic prosperity; and
WHEREAS, countries around the world are considering and implementing measures to restrict digital trade, including the imposition of unnecessary data localization requirements and restrictive regulations on e-commerce; and
WHEREAS, such digital trade barriers could disproportionately affect SMEs, limiting their ability to participate in the global digital economy; and
WHEREAS, the current framework for digital trade allows for the seamless exchange of information, services, and products, contributing to increased consumer choices and economic efficiencies; and
WHEREAS, innovation in digital trade is driven by the protection of intellectual property rights, and any erosion of these rights may discourage investment in research and development; and
WHEREAS, the global digital economy relies on the secure and efficient transfer of data across borders, and any measures hindering this flow could disrupt supply chains, impede innovation, and raise costs for businesses and consumers; and
WHEREAS, the expansion of digital trade barriers could lead to a fragmented and less interconnected digital landscape, undermining the potential for collaboration on global challenges such as cybersecurity and digital infrastructure development; and
WHEREAS, international cooperation and the establishment of clear, transparent rules for digital trade are essential to fostering a fair and open global digital economy; and
WHEREAS, the U.S. Department of Commerce estimates that digital trade supports more than 3 million American jobs and the United Nations Conference on Trade and Development estimates that just over half of all U.S. service exports were attributed to digital trade in 2022.
Therefore be it resolved that this legislative body opposes any expansion of digital trade barriers that could hinder the growth of the digital economy, limit opportunities for businesses, and impede innovation.
Therefore be it further resolved that this legislative body urges the Administration and Congress to promote and support international efforts aimed at ensuring a transparent, fair, and open digital trade environment.