Endorsed transferring the data, taking reference from the data classification framework; and (iii) Building trust by ensuring an adequate level of protection is accorded to the transferred data. Initiative under Strategic Priority 2: ASEAN Cross Border Data Flow Mechanism 21. Increased data flows promote innovation and collaboration. However, for these benefits to materialise, businesses need regulatory certainty on who they may share data with, the types of data that may be shared, and how they may share such data. A cross border data flow mechanism within ASEAN is expected to facilitate such data flows between participating ASEAN Member States. 22. While specifics of the mechanism will need to be worked out, the mechanism will take into account the different levels of maturity and local laws present in the ASEAN Member State. ASEAN Member States may then assess their participation in the mechanism when they are ready to do so. Strategic Priority 3: Digitalisation and Emerging Technologies 23. It is important for ASEAN Member States to identify and leverage emerging technologies and the latest trends, including the benefits these technologies can offer. Capacity building is an important part of this, and an economy will only be able to develop itself as a digital economy if it has access to welldeveloped infrastructure and a skilled workforce. These two elements often feed off each other to produce digital solutions and generate significant synergies, including in the promotion of cross-border data transfers. E. 24. Principle on Capacity Development The Principle on capacity development advocates capacity building and equipping stakeholders with the necessary resources to evolve with the new trends and technologies. This would include: (i) Undertaking regular stakeholder engagements and consultation sessions to assess and put in place basic and next-level support structures to develop and sustain the digital infrastructure in the short, medium and long-terms; (ii) Facilitating universities and learning institutions in updating their curricula and pedagogic approaches in educational and vocational training to equip and empower the current and future workforce with relevant data and digital skills; (iii) Encouraging organisations, especially micro, small and medium enterprises, to conduct regular on-the-job training for employees; and (iv) Encouraging cooperation and aid on human capacity development, information exchanges between ASEAN Member States, as well as with 6