Second, the trust issues are critical since people must feel secure in using electronic commerce. Third, the business community must be able to utilize electronic commerce globally, which will demand uniformity in tax and legal frameworks. They also include industry-specific barriers to the use of various applications such as telemedicine or the use of various financial instruments across country borders. A critical partnership between government and business is emerging as we struggle with ways to frame and define these electronic commerce policies. The one thing everyone agrees on is that electronic commerce is truly global.
Electronic commerce knows no geographic boundaries, thereby challenging old regulatory paradigms.
The entities that are addressing the development of global electronic commerce policies fall into four main categories. There are government organizations, divided into bilateral efforts and global efforts. There are also business organizations, similarly divided into those that work bilaterally, and those that work on a global basis. In reality all entities are in the overall dialogue. What I have depicted here is not intended to be all-inclusive either.