\u201cToday, ministers decided to, let\u2019s just move on,\u201d South Korean Trade Minister Yeo Han-koo told POLITICO. \u201cDon\u2019t wait until everybody agrees on everything. Because time is of the essence.\u201d<\/p>\n
Han-koo labeled it a \u201cpractical approach,\u201d under which \u201cwhen the time comes more members join \u2026 and consensus is formed to integrate this into the WTO.\u201d Meanwhile, however, the deal should be implemented \u201cas soon as possible [where] members can reap the benefit,\u201d he said.<\/p>\n
WTO Director-General Ngozi Okonjo-Iweala said: “By moving forward with the E-commerce Agreement, participating economies are … demonstrating that the multilateral trading system can respond, and is responding, to new challenges.”<\/p>\n
However, many delegates on the ground are not convinced.<\/p>\n
\u201cThis is effectively an admission that the WTO is not capable of delivering multilateral or plurilateral agreements for the foreseeable future,\u201d said Chris Southworth, Secretary General of the International Chamber of Commerce UK. \u201cCountries and blocs will have to negotiate large scale deals on their own.\u201d<\/p>\n
WTO members “have tried six times for integration of the [JSI] in the WTO. \u2026 It’s not possible anymore,\u201d said Pascal Kerneis, managing director of the European Services Forum.<\/p>\n
\u201cSo [members] looked for alternatives with a legal expert to say what about an international treaty which would use the WTO Secretariat as a depository of the signature,\u201d he added. \u201cAnd then hopefully, we will use a dispute settlement system of the WTO when a dispute occurs.\u201d<\/p>\n
Members will now proceed with their respective domestic procedures to implement the legislation.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cToday, ministers decided to, let\u2019s just move on,\u201d South Korean Trade Minister Yeo Han-koo told POLITICO. \u201cDon\u2019t wait…\n","protected":false},"author":2,"featured_media":856476,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[186,748,2530,1395,3677,27332,6314,393,4884,730,167434,1144,6512,712,1199,1201,16,15,1764],"class_list":{"0":"post-856475","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-australia","10":"tag-britain","11":"tag-cameroon","12":"tag-china","13":"tag-digital","14":"tag-dispute-settlement","15":"tag-e-commerce","16":"tag-england","17":"tag-great-britain","18":"tag-india","19":"tag-ngozi-okonjo-iweala","20":"tag-northern-ireland","21":"tag-privacy","22":"tag-scotland","23":"tag-services","24":"tag-trade","25":"tag-uk","26":"tag-united-kingdom","27":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116307898350355354","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/856475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=856475"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/856475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/856476"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=856475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=856475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=856475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}