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In his speech during a ceremony at the White House on July 1, 1997, President Clinton stated:<ref>[http://www.pbs.org/newshour/cyberspace/ Clinton Speech on Electronic Commerce]</ref>
 
In his speech during a ceremony at the White House on July 1, 1997, President Clinton stated:<ref>[http://www.pbs.org/newshour/cyberspace/ Clinton Speech on Electronic Commerce]</ref>
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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.''
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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.''''
    
The 5-Point Principle Supported by the Magaziner Framework for Global Electronic Commerce include:<ref>[http://www.w3.org/TR/NOTE-framework-970706 Framework for Global Electronic Commerce]</ref>
 
The 5-Point Principle Supported by the Magaziner Framework for Global Electronic Commerce include:<ref>[http://www.w3.org/TR/NOTE-framework-970706 Framework for Global Electronic Commerce]</ref>
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