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Multilateral trade
145 chambers of commerce and business associations have already joined an ICC Global Business Statement calling for a time-bound World Trade Organization (WTO) reform process and renewal of the e‑Commerce Moratorium at the WTO’s upcoming ministerial meeting (MC14). Failure to act, global business warns, will deepen fragmentation and raise the cost of doing business.
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So far, 145 business organisations from every region in the world have joined a statement urging ministers at the 14th WTO Ministerial Conference (MC14) to adopt a structured, time-bound reform plan to revitalise the multilateral trading system.
At a time of rising fragmentation and uncertainty, the statement stresses the urgent need to get the WTO negotiating, deliberating and settling disputes – and to ensure the system remains relevant to 21st century trade realities.
The statement also highlights an immediate priority at MC14, namely, to renew the Moratorium on Customs Duties on Electronic Transmissions. Allowing the Moratorium to lapse would introduce new uncertainty into global trade and risk undermining the ability of MSMEs to participate in cross-border e-commerce.
Are you a representative of a chamber of commerce or business association? Join our Global Business Statement
Associations and chambers of commerce that wish to add their organisation as a signatory to the Global Business Statement are invited to contact tradecustoms@iccwbo.org.
The process is simple. Via a short form, organisations will be invited to confirm to be publicly listed as a signatory. No logo or physical signature is required.
See the 145 business organisations who have already joined the Global Business Statement.