January 25, 2019
Outline of the Meeting
On January 25, 2019, in Davos, Switzerland, Minister Seko, H.E. Mr. Simon Birmingham, Minister for Trade, Tourism and Investment, Australia, and H.E. Mr. Lim Hng Kiang, Minister for Trade and Industry, Singapore, jointly hosted an Informal Meeting of Ministers on WTO E-commerce Initiative.
At the meeting, participating Members exchanged views on how WTO negotiations can capture opportunities offered by e-commerce for businesses, consumers and the global economy.
Following the meeting, 76 WTO Members, representing over 90% of global trade issued a Joint Statement confirming their intention to commence WTO negotiations on trade-related aspects of e-commerce (see Appendix 1 (PDF:24KB)).
- Highlights of the Joint Statement
- confirm their intention to commence WTO negotiations on trade-related aspects of electronic commerce;
- will seek to achieve a high standard outcome that builds on existing WTO agreements and frameworks with the participation of as many WTO Members as possible; and
- recognize and will take into account the unique opportunities and challenges faced by Members, including developing countries and LDCs, as well as by micro, small and medium sized enterprises, in relation to electronic commerce.
In addition, after the meeting, co-chairs of the three Members issued a Joint Media Release concerning the Joint Statement (see Appendix 2(PDF:48KB)).
Division in Charge
Multilateral Trade System Department, Trade Policy Bureau