Key Points
India will not support further continuation of prohibition of imposing customs duties on electronic transmissions at the World Trade Organization (WTO),..
India will not support further continuation of prohibition of imposing customs duties on electronic transmissions at the World Trade Organization (WTO),. meeting in Abu Dhabi next week, an official said Tuesday, as besides loss of revenue for developing countries, it also constrains their policy space...
The moratorium on customs duties on electronic transmissions is in place since 1998 and gets extended every two years when the WTO ministerial conferences take place...
Around 105 countries, including the US, the UK, Australia, China, and Japan favour this prohibition, and the issue would figure prominently in the meeting of 164 trade ministers in Abu Dhabi from February 26-29...
The demanders need to tell us if they want an extension, the official said.. Stressing that there is a work programme on e-commerce trade and the multilateral body should continue to discuss the issue in that ambit, the official said: There is a need to look at the subject from a development dimension and not from the eyes of big tech companies...
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