The United States, Japan, Singapore, and 16 other countries have agreed to continue allowing duty-free e-commerce transactions. This decision comes after discussions at the World Trade Organization (WTO) reached an impasse. The agreement aims to facilitate cross-border digital trade by maintaining the current practice of not imposing customs duties on electronic transmissions, a policy that has been in place since 1998. This move is expected to support the growth of digital economies and enhance international trade relations among the participating nations.
US, Japan, Singapore Among 19 Nations to Maintain Duty-Free E-Commerce
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