Institutional support for the regulation of international digital trade at the present stage

The relevance of the research topic is determined by the rapid development of the digital economy and the increasing significance of digital trade, which necessitates the improvement of institutional support for its regulation. The multilateral system for regulating international digital trade faces numerous challenges, such as differences in regulatory approaches, the digital divide between developed and developing countries, and uncertainty in terminology. The article examines key institutions and their roles in regulating digital trade, as well as issues related to internal regulation and the impact of legislation at the global level. The aim of the article is to identify and analyze existing problems in the regulation of international digital trade and to develop recommendations for improving the institutional support of this area. Emphasis is placed on the need for a detailed investigation into the impact of internal regulations and international institutions on the development of digital trade, which will help identify key factors that either promote or hinder its growth. A comparative analysis of the impact of EU legislation on digital trade in various regions of the world provides valuable insights into the global influence of European regulations. The effectiveness of various digital trade rule templates proposed by both developed WTO member countries and developing countries is examined. Significant attention is paid to issues related to discrepancies in the regulation of privacy, data protection, law enforcement access, and national security. The challenges faced by the WTO regime are discussed, particularly regarding the issue of a moratorium on customs duties on electronic transmissions and the impact of digital taxes on services. The article also considers the rapid digital transformation as both new opportunities for economic development and regulatory challenges that could overshadow these opportunities. The importance of international cooperation, dialogue, and regulatory harmonization is emphasized to ensure inclusive and stable digital development in all countries around the world.