Electronic information affects on International trade

In a business world today has been considerably change especially applying technology to assist in a business action. In international trade issue technology is necessary such as internet has played an important role in transaction to increase trading of goods services and information rapidly. Because of this, there must be rule or law in related filed support this situation for example not only Intellectual Property law but also Data Protection Law which related to privacy of a person such as a rights to have a privacy in homestead, a rights to collect personal data. One of issues that many counties express concern is privacy in personal data because of a progress of computer which has affected to communication, transfer and connects a variety of information is unlimited of time and places. On the other hand, some people may use technology to infringe others such as Computer Espionage particularly in trade secret can cause major damage for their business.

As a result if this, many countries have realized of the issue and established two international organizations which are The Council of Europe released Convention for the Protection of Individual with regard to the Automatic Processing of Personal Data in 1981 and The Organization for Economic Cooperation and Development (OECD) agreed to have Guidelines Governing the Protection of Privacy and Transborder Data Flows of Personal Data.   

Those guidelines have a substantially effect in many counties has signed COE Convention and adopted principles of the guideline to their domestic law. Furthermore, in 1995 and 1997 EU had legislated Directive 95/46/EC and The Telecommunication Directive in order to encourage coherent principles among members.