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In 1997, Pres. Clinton instructed his chief policy advisor Ira Magaziner to draft the '''Framework for Global Electronic Commerce,''' a working paper that supports the idea private sector involvement in the development of the internet, a uniform legal code in the cyberspace and the use of internet as a global free-trade zone. He also advised his cabinet secretaries to change their departments internet regulations and policies if it does not coincide with the framework.<ref>[http://www.pbs.org/newshour/cyberspace/ A New Plan for a New Digital Market]</ref>
 
In 1997, Pres. Clinton instructed his chief policy advisor Ira Magaziner to draft the '''Framework for Global Electronic Commerce,''' a working paper that supports the idea private sector involvement in the development of the internet, a uniform legal code in the cyberspace and the use of internet as a global free-trade zone. He also advised his cabinet secretaries to change their departments internet regulations and policies if it does not coincide with the framework.<ref>[http://www.pbs.org/newshour/cyberspace/ A New Plan for a New Digital Market]</ref>
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In a speech at a ceremony in the White House Clinton stated that, ''''"If we establish an environment in which electronic commerce can grow and flourish, then every computer will be a window open to every business, large and small, everywhere in the world.In many ways, electronic commerce is like the Wild West of the global economy. Our task is to make sure that it's a safe and stable terrain for those who wish to trade on it, and we must do so by working with other nations now while electronic commerce is still in its infancy."<ref>[http://www.pbs.org/newshour/cyberspace/ Clinton Speech on Electronic Commerce]</ref>
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In a speech in a ceremony at the White House Clinton stated:
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''If we establish an environment in which electronic commerce can grow and flourish, then every computer will be a window open to every business, large and small, everywhere in the world.In many ways, electronic commerce is like the Wild West of the global economy. Our task is to make sure that it's a safe and stable terrain for those who wish to trade on it, and we must do so by working with other nations now while electronic commerce is still in its infancy.''<ref>[http://www.pbs.org/newshour/cyberspace/ Clinton Speech on Electronic Commerce]</ref>
    
==References==
 
==References==
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