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International Internet Magazine. Baltic States news & analytics Sunday, 20.07.2025, 07:14

The importance of digital economy in EU discussed in Riga

BC, Riga, 16.03.2015.Print version
On 13 March 2015, the Informal Meeting of the Trade Policy Committee Services and Investments Experts took place in Riga. The participants discussed one of the priorities of the Latvian EU Presidency – Digital Europe, the importance of digital economy, and how it influences international trade flows, reports BC the Latvian MFA.

Photo: flickr.com

Discussions were focused on SMEs, consumer and data protection and internet value chains, namely, on the ways to address barriers SMEs face when engaging in digital trade, and on how free trade agreements should address e-trust services for secure cross-border electronic transactions, safeguarding the consumers and data protection.

 

Furthermore, during a working session on investment issues, EU Member State experts discussed current practices of the mechanism and its functions, legal implications and interactions with arbitration rules.

 

The Informal Meeting of the Trade Policy Committee Experts on Services and Investments usually takes place once during each presidency and gives an opportunity for experts to address topical issues in the sector and the Presidency priorities.





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