Academia Open
Vol 10 No 1 (2025): June (In Progress)
Business and Economics

Foreign Trade Regulation in the Digital Economy: Challenges and Opportunities and Future Trends
Regulasi Perdagangan Luar Negeri dalam Ekonomi Digital: Tantangan dan Peluang serta Tren Masa Depan


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  • Norkobilov Akobir*
Norkobilov Akobir
Denau Institute of Entrepreneurship and Pedagogy, Uzbekistan *

(*) Corresponding Author
Picture in here are illustration from public domain image or provided by the author, as part of their works
DOI: https://doi.org/10.21070/acopen.10.2025.10657
Published February 14, 2025
Keywords
  • Digital economy,
  • foreign trade regulation,
  • digital trade,
  • trade barriers,
  • e-commerce,
  • cross-border data flow,
  • digital services,
  • digital transformation,
  • data privacy
    • ...More
    Less
How to Cite
Akobir, N. (2025). Foreign Trade Regulation in the Digital Economy: Challenges and Opportunities and Future Trends. Academia Open, 10(1), 10.21070/acopen.10.2025.10657. https://doi.org/10.21070/acopen.10.2025.10657

Copyright (c) 2025 Norkobilov Akobir

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

The digital economy has transformed global trade by facilitating cross-border transactions of commodities, services, and data. Digital market expansion creates multiple regulatory barriers for foreign trade because it generates privacy issues with data and cybersecurity risks along with protectionist approaches that demand global standards. The absence of global consensus together with national policies that differ from each other prevent the establishment of digital commerce norms. The digital economy presents multiple possibilities for growth which let small businesses take part in e-commerce platforms and enable blockchain technology along with smart contracts to innovate the industry. The combination of international digital trade agreements complemented by emerging technological developments solves regulatory gaps which then helps companies conduct international deals and creates a more accessible international market. The research analyzes digital economy foreign trade regulation problems alongside opportunities to emphasize the requirement of flexible technology-agnostic regulatory approaches merging innovative measures with trade fairness and security standards.

 Highlights:

 

  1. Digital economy transforms global trade, creating regulatory barriers and privacy issues.
  2. National policies differ, hindering digital commerce norms and global consensus.
  3. Technology and international agreements solve regulatory gaps, enabling accessible international markets.

 

Keywords: Digital economy, foreign trade regulation, digital trade, trade barriers, e-commerce, cross-border data flow, digital services, digital transformation, data privacy

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