About half of WTO members have reached a preliminary agreement on e-commerce that would permanently ban tariffs on cross-border digital transactions, which grow twice the growth rate of physical goods or "physical merchandise."
The United States, China, Japan, the United Kingdom, and major EU economies were among the 91 countries participating in the deal, although Washington indicated a reluctance to fully endorse it.
South Africa and India, two countries that have raised concerns in the past about rules designed to benefit rich countries at the expense of their poor counterparts, were absent from the list.
Source (Al Arabiya.net Website, Edited)
