MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

India and South Africa to Lead the Informal Meet At WTO for Convergence Push on E-Commerce

India and South Africa to Lead the Informal Meet At WTO for Convergence Push on E-Commerce

India and South Africa will probably be making an attempt for a convergence amongst developing countries on e-commerce talks at the World Trade Organisation. The convergence aims to point out the issues of revenue losses that could occur due to the implementation of customs duty on electronic transmission. The meeting is supposed to happen on May 13-14 in New Delhi to put forth extensive discussions focused on the binding rules on e-commerce on poorer countries. Both developing and least developed countries are participating in the informal meet.

As said by a government official, the meeting will also address other issues like WTO reforms and the crisis in dispute settlement mechanism. As about 75 countries have launched pluri-lateral talks on e-commerce at the WTO, led by developed country members, addressing the common concerns related to e-commerce is important now, the official added. In addition, 22 countries have been invited to the Ministerial meeting to brainstorm on binding rules on e-commerce and other nuanced issues like  the possibility that developing nations hold to influence  the negotiation results.

The official further mentioned that developing countries need to be aware of how the interests of members who don’t belong to a part of the pluri-lateral agreement can be protected if the agreement is included within the WTO framework without consensus of its entire membership.

YOU MAY ALSO LIKE

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...

RECOMMENDED