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Data localisation may be important for developing nations, says UNCTAD report

September 05, 2019
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As per a report by United Nations Conference on Trade and Development (UNCTAD) on the digital economy, governments may decide to restrict data flow concerning privacy of data and protection of their citizens, security and economic development.

In 2017 India had generated the ninth-highest e-commerce sales globally with a total business of $400 billion, according to the report. Further it added that the revenue includes goods and services sold online, transactions via platform-based companies such as ride-hailing apps, and room-sharing platforms which contributed 15 per cent to GDP.

“The only way for developing countries to exercise effective economic “ownership” of and control over the data generated in their territories may be to restrict cross-border flows of important personal and community data,” the report added.

`Digital Economy Report’ also denied the developed country argument that data localisation impedes digital trade, adding, cross-border data flows in itself may not involve either trade or e-commerce.

 
 
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