WTO bans digital trade tariffs until at least June 2020
The moratorium on digital trade has been in place since 1998, but was due to expire in December
10 December 2019 - 16:29
Geneva — World Trade Organisation (WTO) members agreed on Tuesday to renew a 20-year moratorium on placing tariffs on digital trade for six months, allaying fears that people would have to pay duties on e-books and software for the first time.
The moratorium on digital trade worth an estimated $225bn a year has been in place since 1998, but was due to expire in December and required unanimity at the WTO for renewal...
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