The Organization for Economic Cooperation and Development (OECD) has called on governments to improve efforts to protect personal data, freedom of expression and other online rights, the multilateral said after agreeing to create a new internet framework.
The organization, whose members include emerging countries like Chile and Mexico, intends to promote a more transparent and open internet.
"The internet has achieved global interconnection without the development of any international regulatory regime. The development of such a formal regulatory regime could risk undermining its growth," the organization said in a press release.
According to the OECD, the new principles aim to advance the debate on internet governance. The organization underlined the benefits that today's flexible regulation has brought in driving innovation and economic growth.
The multilateral also recognized that the internet economy's success depends upon the free flow of information, which should be promoted and protected.
Additionally, countries must develop and promote high-speed broadband access, particularly in areas such as education, health, energy distribution and transport, the OECD said.