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Who Reforms Near Deal As E-Commerce Deadlock Persists At Wto Cameroon Summit
7 articles |
Updated 2h ago |
Created 19h ago
World Trade Organization trade ministers are close to finalizing a reform roadmap in Yaoundé, Cameroon on March 29–30 despite remaining deadlocked over extending the e-commerce moratorium that prohibits customs duties on digital goods from non-member countries like India and China while allowing them for members such as Japan.
Key Points
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1Trade Ministers and Diplomats from the US-India e-commerce deadlock
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2WTO talks near agreement on reform plan amid ongoing disputes over extending moratorium for digital downloads, while India is unwilling to agree.
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3US seeks long freeze of countries levying tax on electronic transmissions such as streaming.
Developments
[Mar] Mar.29
WTO talks in Cameroon entered final day with no breakthrough yet, diplomats said.
WTO talks on e-commerce duties moratorium deadlocked as reform plan nears deal
Hindustantimes
8h ago
WTO talks regarding extending its e-commerce duties moratorium are deadlocked due to objections primarily raised by Brazil and significant disagreements between India (supporting only two years) and the U.S. seeking permanent extension; however, a broader reform plan is nearing agreement despite initial resistance from some members.