By United Nations
This learn bargains a practical strategy to support the higher Mekong Subregion nations to outline and ensure their specifications for shaping e-business laws and deal with such complicated matters as: agreement validity and enforceability, jurisdiction, privateness, client security, safeguard of transactions, highbrow estate, and on-line fraud.
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Additional info for Compliance with Information and Communication Technology-related Multilateral Frameworks: Information Technology Enabling Legal Frameworks for the Greater Mekong Subregion
23 The phrase “similar means” is meant not only to refer to existing technologies but also to provide flexibility in allowing to be encompassed in the definition the coming of future technologies. The Model Law respects the freedom of parties to a transaction in deciding what mode to use in their communication. , formation and validity of contracts, recognition by parties of data messages, attribution of data 23 Article 2, UNCITRAL Model Law on E-commerce. 24 3. Legal Recognition of Data Messages, Writing, Signatures (a) Data Messages.
20 during the years 1995-2003, it still had the lowest telephone and Internet subscription ratio. While the V e t Nam government share of IT purchases amounted to 30 per cent of the entire nation and legislation had been enacted regarding rules on Internet use and other IT-related regulations, there was, as of yet, no e-commerce or e-business laws that recognized the validity of electronic documents or data messages, or electronic or digital signatures-except for inter-bank electronic payments.
Formation and validity of contracts, recognition by parties of data messages, attribution of data 23 Article 2, UNCITRAL Model Law on E-commerce. 24 3. Legal Recognition of Data Messages, Writing, Signatures (a) Data Messages. Article 5 of the Model Law embodies the fundamental principle that data messages should not be discriminated upon. Information, it is said, shall not be denied legal effect, validity, or enforceability solely on the ground that it is in the form of a data message. This meant that there should not be, under correct and proper circumstances, a disparity between paper and a data message.