White Paper Trade Rules and the Digital Economy Key Points and Findings

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Huawei | Trade and the Digital Economy | White Paper Key Points and Findings Key Points Explained 01 As new disciplines start to emerge to govern the digital economy across a broad variety of rule‐making fora, we at Huawei favor enforceable treaty commitments that establish a level playing field for both domestic and foreign firms on the one hand, but also legacy players and new market entrants on the other. When we enter a new market or as we continue to serve customers in our existing markets, we need to be able to count on non‐discriminatory treatment across a whole range of policy and regulatory areas, as well as transparency of local laws, regulations, administrative practices and market conditions. Where regulatory intervention is required, we at Huawei favor such intervention being commensurate to the desired policy outcomes and in line with international best practices. We also favor regulators and market actors working together in a spirit of mutual cooperation to achieve outcomes that are optimal for both business and consumers. 02 We at Huawei recognize the need for governments to intervene in markets, including the digital economy, for a whole range of perfectly legitimate policy reasons. We support governments in their role as the ultimate arbiters of the public interest and in their inalienable responsibility to safeguard the interests of the State and its citizens. When governments do see themselves as required to act, we favor interventions that conform to global best practices and that respect international treaty obligations, including those in trade and investment agreements. These interventions should be minimally trade distorting and should not restrict the rights of foreign and domestic firms beyond that which is absolutely required. We advocate in favor of business and investment governance regimes which grants all affected parties a chance to share their views on how best to achieve the intended policy objectives. 03 At Huawei we believe that we must work together with our customers, industry partners and government stakeholders to achieve win‐win outcomes that favor the continued robust and healthy growth of the digital economy, so that more of the world’s people can enjoy its many benefits. This includes increasing investment in the underlying network infrastructure, increasing expenditure on research and development to make better use of the resources at our disposal, as well as promoting and disseminating the knowledge and skills people need in order to become more actively engaged in the digital economy. As a newly emerging industry leader, we recognize that what is good for the global ICT industry and for the digital economy is also good for Huawei, so that we have a very real interest in doing everything in our power to support the continued growth of the industry and to expand the digital economy. 04 At Huawei we will continue to advocate in favor of greater openness and nondiscrimination between all market actors in all of the markets in which we do business. We recognize the responsibility we bear in this respect, both due to our position as an emerging industry leader but also as a direct consequence of the openness we have ourselves benefitted from and which we continues to enjoy in the many markets in which we have been privileged to serve our customers. We will continue to advocate, both domestically and globally, in favor of business and investment climates that are conducive to the continued growth of the digital economy, and that are characterized by nondiscrimination, a level playing field for all actors, and regulatory interventions that are limited to that which is strictly necessary and which do not favor one set of economic actors to the detriment of others. We believe in working with all of our partners and stakeholders to achieve these outcomes. 17
Chapter Five | A Vision for an Optimal Trade Regime for the Digital Economy A Vision for an Optimal Trade Regime for the Digital Economy In Chapter Five of our White Paper we discuss some of the international treaty commitments and disciplines that could and should ideally form part of an optimal trade regime for the digital economy. Figure 5.1 (below) highlights some of these rules, particularly those that would best be suited to bridging the digital divide, which must remain at the very top of policymakers’ list of priorities as they embark upon international collaborative efforts to draft new and binding trade rules to govern the digital economy. Another important aspect of any such regime is non‐discrimination, which for over six decades now has served as perhaps the single most important governing principle for the multilateral trading system. We would also advocate in favor of a trade regime that is characterized by the highest possible degree of transparency and predictability, and where governments cooperate with other interested stakeholders to make and enforce the rules in a fair and equitable manner. To find out more, read Chapter Five of the full White Paper. Figure 5.1: Trade Rules in the Service of Development Source: Huawei 18
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White Paper Trade Rules and the Digital Economy Key Points and Findings

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