EU Proposes New WTO Rules for Electronic Commerce
Brussels, May 3. The EU has today made public its text proposal on future rules and obligations on e-commerce as part of WTO negotiations on e-commerce endorsed by Ministers in the margins of the Davos World Economic Forum in January 2019. The release of the text proposal is part of the EU’s commitment to transparency and inclusiveness in the development of its trade policy.
The increasing digitalization of the economy and the rapid increase in e-commerce are having a tremendous impact on businesses and consumers across the world. The EU considers that global trade policy responses can most effectively address the global opportunities and challenges brought by digital trade.
The EU text proposal is being discussed, along with proposals from other participating WTO Members, in Geneva. The full text of the proposal is available here.