Costa Rica Joins Digital Economy Partnership Agreement with Singapore, New Zealand, and Chile

Costa Rica has joined the Digital Economy Partnership Agreement (DEPA), founded by Singapore, New Zealand, and Chile. The agreement establishes rules for digital trade and economic collaborations on issues such as digital identities, cross-border data flows, and artificial intelligence.

The DEPA came into effect in January 2021 and aims to help businesses engage in digital trade and electronic commerce. Costa Rica was presented with the Instrument of Accession on the sidelines of the Future of Investment and Trade Partnership meeting in Auckland, New Zealand.

Costa Rica's accession is a significant milestone for the DEPA, demonstrating its open and inclusive nature. The expansion will strengthen the agreement and provide parties with greater opportunities to collaborate on digital economy initiatives.