This document discusses information standards for statistical data exchange. It describes key standards like SDMX and DDI, which foster interoperability among statistical organizations. SDMX focuses on time series data exchange while DDI specifies metadata for social science data. The document contrasts schema-based standards, which have separate schema and data layers, from artefact-based standards, which add a domain-specific artefact layer. It provides examples like SDMX and Dublin Core to illustrate the differences. Finally, the document discusses requirements for information standards to be implementation friendly, developer friendly and user friendly.