At the second Global Digital Trade Expo (GDTE) in Hangzhou, China, a pivotal discussion unfolded on November 24, 2023. Mira Burri, a renowned professor of international economic and internet law at the University of Lucerne in Switzerland, shared her insights on the evolving landscape of global digital trade.
Burri emphasized that while there's a fierce competition among stakeholders to lead in digital innovation and growth, geopolitically-driven protectionism poses a significant threat to the data-driven economy. \"Protectionist measures can stifle the very innovation they aim to protect,\" she remarked during her exclusive conversation with CGTN.
Highlighting the crucial role of trade law, Burri argued that robust legal frameworks are essential to navigate the complex interplay of interests and maintain a balanced, open digital marketplace. \"Without strong trade laws, protectionism can hinder collaboration and slow down global digital advancements,\" she added.
The forum underscored the importance of fostering international cooperation to ensure that digital trade continues to thrive, benefiting economies and consumers worldwide. As the digital landscape becomes increasingly integral to global growth, experts like Burri advocate for strategies that promote inclusivity and resist divisive protectionist trends.
