Singapore had launched the initiative in 2017, together with Australia and Japan. Read more at straitstimes.com.
DAVOS - Countries involved in an effort to develop international rules to promote and facilitate e-commerce met on the sidelines of the World Economic Forum on Friday, where they agreed to target finishing negotiations substantially on the agreement by the end of 2023.
Singapore had launched the initiative in 2017, together with Australia and Japan, and there are 87 WTO members taking part in the negotiations. “These global rules will provide greater legal predictability and consumer confidence, which will deliver tangible benefits to both businesses and consumers,” they added.
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