China applies to join Digital Economy Partnership Agreement

The pact was virtually signed by Singapore, New Zealand and Chile on June 12, 2020.

"The DEPA is a first of its kind agreement that establishes new approaches and collaborations in digital trade issues, promotes interoperability between different regimes and addresses the new issues brought about by digitalization," according to the Singapore's ministry of trade and industry.

Applying to join DEPA is in line with China's efforts of "further deepening domestic reforms and expanding high-level opening-up," the Chinese ministry was quoted as saying by an official news agency.

ALCHEMPro News Desk (DS)