When it comes to use of the Internet and e-business Bermuda not only holds its own against nations like France and Japan, but is only outshone by Hong Kong and Australia in the areas of legal framework and policies regarding Internet use.

A global survey of 63 leading information and communication countries has ranked Bermuda third in the area of legal framework and laws governing Internet use.

The ease with which it is to set up a new business, how strong is the protection of private property and in particular intellectual property, and how easy it is to fall victim to digital-age piracy were all considerations in the Economist Intelligence Unit annual global e-readiness survey.

As reported in the Royal Gazette last month Bermuda, which was included in the survey for the first time this year, ranked 20th overall for e-readiness.

However, in a breakdown of the six categories considered, the Island made its biggest impact in the area that is judged on Government support for "an Internet-conducive legal environment."

Telecommunications Minister Michael Scott, addressing MPs in the House of Assembly, said: "Having received an overall ranking of 20th out of all the countries surveyed (68), Bermuda clearly is able to stand amongst its peers when it comes to e-readiness.

"Furthermore, a placing of third in the category of legal and policy framework, surpassed only by Australia and Hong Kong, is for my Ministry a source of tremendous pride."

He said it was a reflection of Bermuda's "well-established reputation as a quality business jurisdiction."

Mr. Scott added: "These ranking tell us that we are on the cutting edge of best practice when it comes to regulatory oversight and policy making, but it also tells us there is more to be done."