• Wed. Apr 24th, 2024

NCS Spearheads Global Dialogue On Data Governance At UNCTAD E-Week 2023

ByHybrid News

Dec 29, 2023

The UNCTAD E-Week 2023 conference at the Centre International de Conférences de Genève (CICG) underscored the critical need for robust data governance frameworks in developing nations. A pivotal session led by the Nigeria Customs Service (NCS), represented by CSC DO Anikoh and CSC OF Obieze, aimed to foster dialogue on implementing a Data Governance Framework aligning with international best practices.

The session convened experts from diverse sectors, focusing on the significance of accuracy, security, and standardization in data governance. DHL’s Steven Pope highlighted the necessity of stringent controls on data sharing to prevent misuse, while the Universal Postal Union’s Javier Garcia emphasized the alignment of national data governance frameworks with global provisions.

Discussions encompassed crucial facets such as fair compensation for data analysts, the role of specialized agencies, data quality and integrity, challenges faced by startups in accessing real data, and the opportunities and challenges of accessing private company data for policy-making. International regulations to curb data misuse emerged as a prominent theme.

Consensus emphasized data governance as fundamental to digital transformation, urging developing countries to manage data at macro, regional, and international levels. The session stressed the importance of data sharing and usability between the private sector and regulatory bodies, promoting sustainable development and mutual benefit while addressing privacy and security concerns.

The need for robust data governance in the private sector to build trust, establish guidelines, and balance privacy with innovation was highlighted. The session called for government support and awareness-raising regarding data governance policies.

For e-commerce supply chains, data governance was deemed crucial to minimize risks and ensure accuracy, encompassing understanding data structures, protection measures, and adherence to standards and technology. Legal frameworks like the USMCA in Latin America and Non-Disclosure Agreements (NDAs) were underscored as vital in preventing unauthorized data disclosures.

The discussion emphasized data storage as a global issue, advocating for streamlined data management to enhance efficiency. Adapting to evolving data governance, especially in mobile money and e-commerce data systems, was urged upon government and regulatory agencies.

A robust data governance system balancing standardization, harmonization, and simplification emerged as pivotal. The facilitation of cross-border data flows and the adoption of higher-level standards like the GDPR were encouraged, while concerns about non-uniform standards were acknowledged.

The session concluded with a recommendation for regulatory institutions in developing nations to adopt or seek assistance in crafting data governance frameworks from international bodies like the WTO and WCO. The overarching message highlighted the pivotal role of robust data governance in steering the digital era complexities, fostering economic growth, and ensuring a fair, secure, and mutually beneficial global data landscape.

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