The adoption of relevant laws and regulations other than on electronic transactions increasing confidence for consumers and businesses and predictability of e-commerce, as recommended by the Pacific Regional E-commerce Strategy and Roadmap – Measure 4.1.2.
Trading across borders means trade documents must be standardized. Electronic transaction laws are prerequisite for conducting e-commerce transactions. Other areas of law are equally important to create a trusted environment for e-commerce. Laws that directly impact on consumer confidence include data protection (security), personal data (privacy),18 online consumer protection, cybercrime, competition law and policy19 and online dispute settlement. Laws that directly impact businesses include electronic transactions, electronic authentication, electronic signatures, online intellectual property rights, technology neutrality, data centre localization and competition.