India rejects WTO push for new global e-commerce rulesStaff Writer | October 18, 2017
India has rejected fresh efforts led by the European Union (EU), Japan, Canada and Australia to negotiate new global e-commerce rules under the aegis of the World Trade Organization (WTO).
Asia The World Trade Organization
India fears that new rules could provide unfair market access to foreign companies, hurting the rapidly growing domestic e-commerce platforms.
A key demand by the developed countries is to make permanent the current ban on customs duties on global electronic transactions—they were suspended in 1998. ■