Osaka Declaration

Prelims level : International Organizations Mains level : GS2Q - Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests
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Context–  India refused to become a signatory to the Osaka declaration on digital economy.

About

  • It was signed by 24 countries and groupings.
  • It was a sign of resistance against developed countries led by the US and Japan, which are pushing for free flow of data across borders.
  • It is an overarching framework promoting cross-border data flow with enhanced protections.
  • Apart from India, South Africa and Indonesia also stayed away from signing the Osaka declaration.
  • The declaration is aimed for the creation of international rules enabling free movement of data across borders.
  • India believes that discussions and negotiations pertaining to data should be held within the context of the World Trade Organisation (WTO).
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