ICC welcomes breakthrough in WTO e-commerce talks

John E. Kaye
- Published
- Technology

The statement, supported by some 75 governments, represents a major step forward in efforts within the WTO to enable e-commerce in support of sustainable development and small-business growth.
ICC Secretary General John W.H. Denton AO said:
“Today’s statement is a very welcome move by members of the WTO to maximise the potential of e-commerce to make trade work for everyone, everywhere.
“Traditionally, commerce over distance has come with significant costs – limiting the ability of SMEs and businesses in developing economies to benefit from global trade. In an Internet-enabled environment this does not need to be the case… but today’s trade rules, which largely reflect 20th Century patterns of trade, are not always well-suited to supporting the growth of SME e-commerce.
“That’s why we need an ambitious global agreement on e-commerce to tackle growing policy frictions in the digital space and – above all – empower entrepreneurs.
“With the right global policies there is an opportunity to unleash a new era of inclusive trade: one in which all companies – regardless of size, sector or location – can benefit from equal access to the global trading system. What’s more, enhanced governance of digital trade – providing greater transparency and trust – will be vital to safeguard the integrity and openness of the global internet.
“Today’s initiative underscores the continued importance of the WTO as a forum for trade policy-making – and we encourage governments to pursue an ambitious agreement with the minimum of delay.”
About The International Chamber of Commerce (ICC)
The International Chamber of Commerce (ICC) is the world’s largest business organization representing more than 45 million companies in over 100 countries. ICC’s core mission is to make business work for everyone, every day, everywhere. Through a unique mix of advocacy, solutions and standard setting, we promote international trade, responsible business conduct and a global approach to regulation, in addition to providing market-leading dispute resolution services. Our members include many of the world’s leading companies, SMEs, business associations and local chambers of commerce.
www.iccwbo.org
RECENT ARTICLES
-
New IBM–NASA AI aims to forecast solar flares before they knock out satellites or endanger astronauts
-
AI is powering the most convincing scams you've ever seen
-
British firm Skyral to help Mongolia tackle pollution with AI traffic modelling
-
The nuclear medicine breakthrough transforming cancer care
-
Second to none: the watchmaker who redefined time for women
-
How AI agents are supercharging cybercrime
-
The CEO making culture the driving force for innovation
-
Penelope J. Corfield on the secret gestures that shape society
-
In Africa, hepatitis B is a silent killer. And a $1 test could stop it
-
'Our real rivals are TikTok and Netflix’ – iGaming firm Soft2Bet sets out strategy for global expansion
-
AI agents are just the start. Here’s what comes next
-
Why cybersecurity deserves a place in the political spotlight
-
Outpacing cyber threats, winning the race
-
Who is really cutting emissions? These satellites will tell us
-
New Science Matters supplement out now — Europe’s boldest ideas in one place
-
New app reveals hidden health risks in everyday foods
-
Alzheimer’s vaccine enters human trials aiming to stop disease before symptoms begin
-
US researchers develop storm-resistant drone to improve extreme weather forecasting
-
Robot folds 800 napkins in 24 hours as Dyna Robotics launches first commercial-ready embodied AI
-
New breast cancer radiotherapy technology launches in Europe
-
Blockchain boom could create over 1 million jobs by 2030, new report claims
-
Why modern computer games aren’t a patch on the classics
-
Watch: Robotic bellboys checking in to a hotel near you soon
-
Soft2Bet reflects on eight years of leadership and philanthropy in new film featuring CEO Uri Poliavich
-
Late Star Trek creator’s family donates $1M to heart disease research