Czech President Inks Electronic Signature Law

PRAGUE (07/24/2000) - The signature of president Vaclav Havel last week made official a new law on electronic signatures here. The Czech Republic is the first country in central and eastern Europe where a law on electronic signatures has been accepted. The law was prepared according to the rules of the European Union and is expected to offer reassurance not only to business-to-business electronic commerce operations, but also to individual citizens, who now will be able to conduct business via the Internet. Some time will be required for government and local institutions to prepare for electronic methods of transacting business, but according to European Union observers, Czech institutions are surprisingly well-prepared for this new style of communication, in some cases even more so than some EU states.

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