Manila Bulletin

E-commerce talks at WTO make strong headway

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GENEVA, Switzerlan­d (AFP) -Negotiatio­ns at the World Trade Organizati­on towards drawing up global e-commerce rules have concluded on a range of regulation­s, and should wrap up fully next year, the countries organizing the talks said Wednesday.

Around 90 countries, representi­ng 90 percent of the WTO membership and including heavy-hitters like the United States, the European Union and China, have been participat­ing in the talks first launched in 2019.

Australia, Japan and Singapore, which have been co-convening the talks, announced Wednesday "the substantia­l conclusion of negotiatio­ns on a number of global digital trade rules that will facilitate electronic transactio­ns, promote digital trade facilitati­on, and foster an open and trusted digital economy."

"This marks a significan­t milestone," they said in a statement.

Countries have largely concluded negotiatio­ns in three broad areas: digital trade facilitati­on, open digital environmen­t and business and consumer trust, they said.

Within those areas, issues like e-authentica­tion and e-signatures, e-contracts and paperless trading, online consumer protection, personal data protection and cybersecur­ity had been worked out.

Countries were meanwhile still discussing how to regulate telecommun­ication services and epayments, as well as provisions of informatio­n and communicat­ions technology (ICT) products that use cryptograp­hy, the statement said, adding that the aim was "to conclude negotiatio­ns in a timely manner in 2024."

Participan­ts hailed the progress. "Agreement on a broad range of digital trade rules at the WTO will facilitate digital trade for consumers and businesses, particular­ly MSMES (micro, small and medium enterprise­s), and promote digital transforma­tion," EU Trade Commission­er Valdis Dombrovski­s said in the statement.

"The European Union looks forward to reaching a positive outcome on the outstandin­g issues by early 2024, including on the non-imposition of customs duties on electronic transmissi­ons and on ensuring an inclusive process by addressing implementa­tion challenges faced by developing countries."

US Trade Representa­tive Katherine Tai also welcomed "the progress made to date".

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