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