WTO e-commerce tariff moratorium wins temporary reprieve

WTO e-commerce tariff moratorium wins temporary reprieve

The Star Online - Tech·2024-03-02 11:01

WASHINGTON (Reuters) - The World Trade Organization's moratorium on customs duties on digital transmissions, a key pillar of internet development for decades, won a last-minute reprieve on Friday, but the deal will force companies to confront its expiration again in 2026.

The WTO's 13th ministerial meeting in its final hour produced a deal in Abu Dhabi to extend the moratorium until the until the next ministerial meeting in two years, but with a hard expiration that will require a more extensive negotiation at that time.

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