The ten members of the Global Services Coalition (GSC), representing the services sectors in their respective economies, issued a letter today to WTO Ministers ahead of the World Economic Forum Meetings in Davos urging them, “to make the utmost effort to launch negotiations building on the WTO e-commerce discussions to date to make progress towards a high standard e-commerce framework by the time of the 12th WTO Ministerial Conference in Astana.”
In their letter, the GSC commends Ministers of the 70 countries that signed the Joint Statement on E-Commerce at the Ministerial meetings in Buenos Aires in December 2017, and for their intensive exploratory discussions. The GSC letter also states that to remain relevant for challenges facing services industries in developed and developing countries alike, “multilateral rules must be expanded to encompass and promote digital trade, including areas such as cross-border data flows, prohibitions on data localization, a permanent moratorium on applying customs duties and other processes on electronic transmissions, non-discriminatory treatment of digital products, relevant services market access commitments in areas such as financial services, ICT and logistics, and trade facilitation.”
CSI is the leading business organization dedicated to the development of U.S. domestic and international policies that enhance the global competitiveness of the U.S. service sector through bilateral, regional, multilateral, and other trade and investment initiatives.
For more information, click here...