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SectorWrap '19-Select 5: E-commerce

Jan '20
Pic: Shutterstock
Pic: Shutterstock
76 nations, regions agree to start talks on e-com rules

With the 164 World Trade Organisation (WTO) members unable to arrive at a consensus over some 25 separate e-commerce proposals at the body’s biennial conference at Buenos Aires in December, 76 countries and regions in 2019 agreed at the World Economic Forum (WEF) in Davos to start negotiating on a set of open and predictable e-commerce regulations…

EU agrees to set up e-com rules to improve fairness

The European Parliament, the Council of the European Union (EU) and the European Commission arrived at a political deal on the first-ever rules to create a fair, transparent and predictable business environment for businesses and traders when using online platforms. It will benefit traders selling online via marketplaces, hotels using booking platforms. The new rules are aimed at creating a more predictable and transparent trading environment online and will offer new possibilities for resolving disputes and complaints. Small businesses will particularly benefit from a ban on certain unfair practices, greater transparency in online platforms and fresh avenues for dispute resolution.

Indian e-com players launch own council TECI

UNCTAD, CSRG join hands to resolve consumer disputes

WEF, ITC launch Africa E-Commerce Action Agenda

The World Economic Forum (WEF) and the International Trade Centre (ITC) released the Africa E-Commerce Agenda, an eight-step action plan to realise e-commerce benefits for the continent. Building on consultations with business leaders and experts, the agenda is a call to action for Africa’s political leaders and the global trade and development communities. The eight action items are refresh policies, expand connectivity, upgrade logistics, enable e-payments, manage data, grow the technology industry, coach small business, and join forces. Each action item identifies challenges and sets goals to help policy-makers navigate the multi-dimension e-commerce landscape. It offers ways to address the challenges and calls on the international development community to step up.

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Fibre2Fashion News Desk (RKS)

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