Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Thursday, December 14, 2017

WTO Ministerial Conference

The Digital Single Market is still far away from the regional horizon

The meeting "Digital Economy: public policies for development and inclusion in Latin America" ??showed conflicting positions on the creation of a regional Digital Single Market (MUD, for its Spanish acronym). Edwin Rojas, of Production and Enterprise Development Division at ECLAC, defined the MUD as a regional trade space that uses the Internet as a basis: "We are not aspiring to free mobility of the productive factor, but to harmonize, which does not imply that it be similar to the European model."

In the parallel meeting to the WTO Ministerial Conference, the Executive Secretary of Asiet, Pablo Bello, pointed out that the MUD is a way for Latin America to position itself in the discussions of the new order of the global economy. "Latin America has not advanced in connectivity concerning the productive matter, and for that reason it makes sense to speak of a MUD," he added. On his part, José Haro, director of Public Policies and Wholesale Businesses, proposed as tasks the design of initiatives to promote digital activity and the sustainability of digitalization processes, ensuring that countries are able to capture the value generated in the digital world.

More cautious was Jacobo Cohen Imach, Vice President of Legal and Government Relations of Mercadolibre, who argued that before talking about something so broad we must develop the digital economy of each country.

The digital environment poses the challenge of dealing with new situations of asymmetry or barriers to entry to competition agencies. For Fernanda Viecens, member of the Argentine National Commission for the Defense of Competition, the region is not prepared to have supranational bodies that deal with competition issues. But she believes that the road is collaboration. In this regard, a strategic collaboration alliance has been created among competition agencies of Argentina, Mexico, Peru, Colombia and Brazil.

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