Pustaka Ilmiah Universitas Padjadjaran

Abstrak

Data Privacy Laws And Its Impact On International Trade

The development of information and communication technologies and the wireless business environment including mobile technologies which link to the interact and other information networks, still remain one of the most vibrant and dynamic global markets as more and more people are getting connected. New applications and services are being developed and users’ online experiences are expanding throughout the world. Living in a networked society certainly brings exciting prospects for global businesses and international trade since these developments offer advantages and economic benefits. Notwithstanding the foregoing, these developments have made possible for business to collect, store, access and disseminate the information from anywhere in the world. This technology offers great potential for social and economic benefits for businesses, individuals and government, including increased consumer choice, market expansion, productivity, education and product innovation. White this technology makes it easy and cheaper to collect, link and use large amounts of information, however, they are pose new threats to data privacy individuals, particularly consumers. Data privacy refers to the right of individuals to have control on how the information about them is communicated and prevent its abuse. As the data in online become a driving factor in the international trade where the business requires to input and access data 24-hours a day, at the same time consumers have an expectation that business will protect their data privacy. Therefore, in promoting international trade, it needs to develop regulatory systems for protecting data privacy of consumers in facing the global environment. Given the importance of the above, APEC as one of influential economic regional trade organization trying to balance between international trade and data privacy protection by regulating data privacy principles in APEC’s Privacy Framework 2004, and trying to adopt common data privacy standards with the ultimate goal in creating harmonization in the regulation in APEC member states.