WTO E‑Commerce Moratorium on Customs Duties

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WTO E‑Commerce Moratorium on Customs Duties

Organisations
WTO E‑Commerce Moratorium on Customs Duties

The WTO e-commerce moratorium is set to expire at the 14th Ministerial Conference in Yaoundé, Cameroon. The issue is under discussion as members consider continuation of duty-free digital trade.

WTO E-commerce Moratorium:

Dimension Key Details
Agreement Provides commitment not to impose customs duties on electronic transmissions
Coverage Includes software e books music films games and streaming services
Adoption Established in 1998 at WTO Second Ministerial Conference Geneva
Renewal Cycle Typically renewed every two years at WTO Ministerial Conferences
Latest Extension Extended at MC13 in 2024 for two years
Current Status Set to expire at 14th Ministerial Conference in Yaoundé Cameroon
Purpose Provides promotion of digital trade predictability and open internet without tariffs
WTO Establishment Established in 1995 replacing General Agreement on Tariffs and Trade
Headquarters Located in Geneva Switzerland
Functions Comprises dispute settlement trade negotiations rule making and policy monitoring
Membership Includes 166 members representing about 98 percent of world trade
Recent Members Includes Comoros and Timor Leste joining in 2024
Decision Making Provides decision making by consensus among member countries
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Q 1 / 3

With reference to the WTO e-commerce moratorium, consider the following statements:

1. It is typically renewed every two years at WTO Ministerial Conferences.
2. It was extended at MC13 in 2024 for two years.
3. It is set to expire at the 14th Ministerial Conference in Yaoundé, Cameroon.

Which of the statements given above are correct?