Members of the World Trade Organization Joint Statement Initiative on E-commerce announced Wednesday that they have reached “the substantial conclusion on a number of global digital trade rules.”
But the three countries leading the negotiations – Singapore, Australia and Japan – admitted that “challenging proposals” like data flows and localization and source code will require more time for discussion as “divergent approaches and sensitivities remained.”
In a press release issued by the three co-convenors from their respective capitals, they said that “as of 20 December 2023, participants have substantially concluded negotiations on 13 articles.”
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