World Trade Organization (WTO) members met earlier this month in Geneva for their seventh round of negotiations of a plurilateral agreement on electronic commerce. Negotiations started last year on this critical issue, and there will be two further rounds in Geneva to work toward an outcome by the WTO Ministerial, which will take place in June in Kazakhstan. Following the first round of negotiations this year, USCIB Senior Director for Investment, Trade and Financial Services Eva Hampl moderated a session February 25, in Washington DC around expectations and priorities for the talks leading up to the Ministerial. The panel included representatives from Siemens, IBM, and the office of the U.S. Trade Representative.
“USCIB supports these negotiations to update the WTO’s digital trade framework, including support for a permanent ban on customs duties’ application and other customs processes on electronic transmissions for all WTO members.,” said Hampl. “We are encouraged by progress that was made last year and look forward to a high-standard outcome that includes important issues like data flows and data localization.”
This event was organized by the Association of Women in International Trade (WIIT).