WTO talks on e-commerce duties moratorium deadlocked as reform plan nears deal| India News
By Olivia Le Poidevin WTO talks on e-commerce duties moratorium deadlocked as reform plan nears deal YAOUNDE, – WTO talks on extending a moratorium due to expire this month on customs duties for electronic transmissions such as digital downloads are deadlocked, diplomats said on Sunday, although a wider reform plan is nearing a deal. The talks at a World Trade Organization meeting in Cameroon include efforts to bridge differences between the U.S. and India over extending the e-commerce moratorium, which was first adopted in 1998 to help encourage early digital trade growth. In what is seen as a test for the WTO’s relevance, after a year of tariff-fuelled trade turmoil and major disruptions due to the Iran war, three diplomats told Reuters that ministers are stuck on extending the moratorium beyond more than two years following objections from Brazil. Ministers are debating a new draft document to extend negotiations by four years plus an additional buffer year to 2031, two diplomats said. E-COMMERCE DEADLOCK As well as Brazil’s objections, India and the U.S. have been …
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