Categories: Business

WTO talks stuck over e-commerce moratorium

For over 25 years, members of the WTO have upheld a rule — no customs duties on electronic transmissions. While India has used it as a bargaining chip at every ministerial meeting. For India, the big win is managing to keep investment facilitation for development out of the WTO framework despite standing alone at the end. It has demanded “guardrails” against using plurilaterals, which are agreements between a select group of member nations.

The News Vista

Share
Published by
The News Vista

Recent Posts

Schrodinger’s ceasefire: Decoding the ‘peace treaty’ amid US-Israel war with Iran

The term Schrödinger’s XYZ has since slipped into the modern lexicon to describe any situation…

39 minutes ago

Umpiring blunder! Finn Allen dismissal sparks row in KKR vs LSG match

Umpiring faced backlash in the Kolkata Knight Riders (KKR) vs Lucknow Super Giants (LSG) IPL…

43 minutes ago

‘Not good for Hinduism’: Supreme Court flags risks of sect-based temple restrictions during Sabarimala hearing

The Supreme Court expressed concern over sect-based temple restrictions, warning they could harm Hinduism and…

52 minutes ago

Iran after ceasefire with US: Holding ground in an uncertain pause

A fragile two-week ceasefire, brokered by Pakistan, has temporarily halted US-Israel strikes on Iran, shifting…

1 hour ago