The US and more than a dozen other countries including Japan, South Korea, Singapore and Australia on Thursday (May 7) launched their own pact to not impose duties on e-commerce after no agreement was reached to end deadlock with Brazil, a document showed. Brazil upheld its opposition to a four-year extension of a global deal at World Trade Organization (WTO) talks in Geneva which concluded on Thursday. However, Turkey, which had previously been against it, dropped its opposition, a WTO spokesperson said. Failure at a high-level WTO meeting in Yaounde, Cameroon, in March to renew the long-standing moratorium on duties for cross-border streaming and downloads marked another setback for the WTO, as business groups said it raised serious concerns about the ability of the organisation to set global trade rules.   https://www.businesstimes.com.sg/international/global/singapore-us-and-17-other-wto-members-agree-among-themselves-not-impose-duties-e-commerce (ICE SINGAPORE)

Fonte notizia: The Business Times, 8 May 2026