Cybersecurity in International Trade Agreements: A New Paradigm for Economic Diplomacy

Authors

  • Jaya Chandra Srikanth Gummadi Senior Software Engineer, Lowes Companies Inc., Charlotte, North Carolina, USA

DOI:

https://doi.org/10.18034/ajtp.v11i1.738

Keywords:

Cybersecurity, International Trade Agreements, Economic Diplomacy, Digital Trade, Cyber Risk Management, Global Trade Networks, Trade Policy

Abstract

This research shows that cybersecurity in international trade agreements is essential to contemporary economic diplomacy. Cybersecurity is crucial for trade infrastructure, intellectual property, and digital supply chains as global commerce digitizes. This research evaluates how trade agreements might improve cybersecurity and digital commerce. The qualitative research uses secondary data to analyze trade agreements, including the USMCA and CPTPP, policy frameworks, and multilateral activities. Significant results show that cybersecurity is now a strategic concern in international commerce, with trade agreements assisting in standardization, collaboration, and confidence. The paper also highlights geopolitical conflicts, regulatory differences, and the digital divide as barriers to cybersecurity integration into trade frameworks. The policy implications underscore the need for collaborative global cybersecurity rules, capacity-building for underdeveloped states, and enforcement procedures in trade agreements to ensure their implementation. This study adds to the increasing information on cybersecurity and international commerce, providing policymakers with meaningful ideas to manage the digital economy and promote economic diplomacy.

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Published

2024-04-30

Issue

Section

Policy and Practice Reviews

How to Cite

Gummadi, J. C. S. (2024). Cybersecurity in International Trade Agreements: A New Paradigm for Economic Diplomacy. American Journal of Trade and Policy, 11(1), 39-48. https://doi.org/10.18034/ajtp.v11i1.738