WTO chief hopes members will restore lapsed ecommerce duties moratorium
The World Trade Organization chief said she hopes countries can restore the ecommerce moratorium after it lapsed during Monday talks. Without it, members could apply customs duties on electronic transmissions like downloads and streaming. She no...

"It means that if it lapses members can apply customs duties on electronic transmissions. But that takes time to set up and then we are able to restore it. And we hope to be able to do that," WTO Director General Ngozi Okonjo-Iweala told reporters.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.