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NFTC, Google, Microsoft and other IT Firms Set Priorities for Cross-Border Data Flows

The National Foreign Trade Council has released a set of U.S. business community policy priorities for modernizing international trade rules and practices governing cross-border flows of data and information technologies. According to NFTC, "trade rules were written to ship widgets…

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rather than bytes", which poses new challenges for the trading system. Press release available here. List of policy priorities, from Citi, Google, IBM, Mastercard, Microsoft and Visa, along with the NFTC and other associations including the Business Software Alliance, Coalition of Services Industries, Software & Information Industry Association and U.S. Council for International Business, available here.