Standardizing cyber laws between zones of economic integration will inevitably face specific problems. Current cyber laws are based on the realities of their regions. Read this article to learn more!
Frauds designed for money extortion, tax evasion, and more are problems that have arisen with the growth of internet and eCommerce transactions. These issues require active measures to be taken.
Setting up a legal framework to regulate internet transactions in general and eCommerce in particular without the neighbouring states doing the same can make regulation difficult. Also, when countries design their local framework, it is necessary that the different local eCommerce legal frameworks do not conflict with each other. From this point of view, a harmonization of cyber laws is more than justified. This is what the European Union is doing through the EU Directive 2017/2455 as of December 5th, 2017, which governs eCommerce in the EU Member States.
Although the standardization of laws between countries in the same economic integration zone is relatively simple, the same is not true when it comes to standardizing laws between different zones. Creating international cyber laws to facilitate international exchanges is necessary to offer opportunities to local companies wishing to reach new global markets.
However, even if it is necessary, standardizing cyber laws between zones of economic integration will inevitably face specific problems. To begin with, current cyber laws are based on the realities of their regions. Since all countries do not have the same realities, it would be necessary to find a way to be able to integrate these specifics in law without omitting certain aspects, and this is the main issue.
The door is open for reflection on a solution that goes beyond the standardization of laws on eCommerce and could even lead to the creation of universal trade law.
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