New Delhi, March 30 -- Deep divisions have surfaced at the ongoing World Trade Organisation (WTO) 14th Ministerial Conference in Cameroon, particularly over the extension of the e-commerce moratorium on customs duties, think tank Global Trade Research Initiative (GTRI) said over the weekend.
According to GTRI, the United States is pushing for a permanent extension of the moratorium, while India and other developing nations oppose it, citing revenue losses and reduced policy flexibility.
The think tank noted, The sharpest divide is there over the e-commerce moratorium on customs duties. A temporary compromise of 2-4 years appears the most likely outcome, PTI reported.
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