Key insights
- The WTO e-commerce moratorium on duties for digital downloads and streaming has expired after talks failed. Negotiations will continue in Geneva. The US and Brazil deadlocked over extending the moratorium beyond two years. This could lead to increased costs for digital services and goods, potentially impacting US companies involved in e-commerce, but the immediate impact is likely limited.
By Olivia Le Poidevin
YAOUNDE, March 30 (Reuters) - A global e-commerce moratorium on duties on digital downloads and streaming has expired, a senior World Trade Organization official said on Monday.
WTO talks in Cameroon to extend the moratorium ran out of time and will be continued in Geneva, the WTO conference chair told delegates earlier.
Negotiations will begin afresh on a new moratorium, said a senior WTO official who asked to remain unidentified.
The talks reached a deadlock between the U.S. and Brazil over extending the moratorium beyond two years.