At the World Economic Forum in Davos today, 75 countries – the European Union and 47 other members of the World Trade Organisation (WTO) – decided to start negotiations to put in place global rules on electronic commerce.
WTO rules on e-commerce will aim to enhance opportunities and address challenges of e-commerce in both developed and developing countries. The negotiations should result in a multilateral legal framework that consumers and businesses, especially smaller ones, could rely on to make it easier and safer to buy, sell and do business online.
The launch of these negotiations shows the WTO stays in the centre of international rule making and continues to be a platform where groups of interested countries agree to work together to develop new rules in an open and inclusive manner. The negotiating process planned to start in March 2019 is open to other WTO members who may still be interested to join.
Source: http://trade.ec.europa.eu/doclib/press/index.cfm?id=1974
