G20 leaders adopt declaration on digital economy
Osaka, Jun 28 (Sputnik/UNI) The leader of the Group of 20 (G20), who have gathered in Osaka for their annual summit, adopted on Friday a joint declaration on digital economy, stressing that it was important to promote discussions on the issue at various levels in order to unleash the full potential of the digital economy.
The text showed that G20, as well as Chile, the Netherlands, Senegal, Singapore, Spain, Thailand and Vietnam, agreed that digitalization had an impact not only on the global economy but on people as well, and that effective use of data would benefit people around the world as a factor contributing to economic growth.
The declaration also stressed the importance of having discussions about the digital economy both at the international level and at the level of states so that they could create innovations by employing the full potential of the digital economy and data.
The development of the digital economy has been set as one of the priorities of Japan's presidency of the G20 summit.
The high-level meeting in Osaka started on Friday and will last through Saturday.
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