Africa in BusinessAfrica in Business

The 14th WTO Ministerial Conference ends in deadlock, after Brazil blocks the moratorium on customs duties for electronic transmissions

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Talks at the 14th World Trade Organisation Ministerial Conference (MC14) ended in deadlock, after Brazil blocked a United States-led bid to extend the moratorium on customs duties for electronic transmissions, delivering a fresh blow to the struggling trade body. WTO Director-General Ngozi Okonjo-Iweala, noted that the e-commerce moratorium had expired, allowing countries to impose duties on digital goods like downloads and streaming. However, the marathon discussions in Cameroon made headway in drafting a plan for broader WTO reforms, though final agreements remain pending. Innocent Semosa spoke to the CEO of XA Global Trade Advisors, Donald MacKay...

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