G-20 Business Leaders Call for Free Data Circulation

Economy

Tokyo, March 15 (Jiji Press)--Business leaders from the Group of 20 economies called on the world's major economies on Friday to secure the free circulation of data and information across borders.

Amid growing antiglobalism, the G-20 economies also "should support the WTO (World Trade Organization) in updating its rules to ensure a level playing field so that businesses can pursue free and fair competition," said the joint recommendation compiled at a meeting of the Business 20, or B20, summit in Tokyo.

Hiroaki Nakanishi, chairman of the Japan Business Federation, or Keidanren, submitted the recommendation to Japanese Prime Minister Shinzo Abe.

The recommendation is "very timely," Abe said. Free cross-border circulation of data should be secured, along with the appropriate protection of data privacy and security, he said.

Drawing up international rules on data circulation is one of the main items on the agenda for a G-20 summit to be held in the western city of Osaka in late June.

[Copyright The Jiji Press, Ltd.]

Jiji Press