ISDS Case Map
digital economy | e-commerce
If adopted on a wide scale, the Understanding would consolidate power and control over the digital ecosystem, including of data, in the major powers and more specifically, their corporations.
Canada’s intellectual protection rights system was also slammed for being too clement.
The phase two agreement is to be digitally focused and could include a US-China bilateral trade agreement.
The Trump administration has agreed to drop a footnote from the US-Mexico-Canada trade deal that would have let it lower the $800 tax-free threshold for imported goods.
Can the Australia-China trade deal facilitate Australian businesses and share the prosperity of Chinese FinTech industry? Answering this question requires looking into the chapters of investment, trade in services (especially financial service) and e-commerce.
India has decided to pull out of the RCEP, an invitation to join later still standing. Even though the reasons provided for this fallout do not mention it, but one of the major contentions was the e-commerce chapter to which India did not relent.
A common set of rules on intellectual property (IP) and e-commerce and a new scope of trade for telecommunication services are among some of the expected benefits that will arise from the RCEP agreement when it is signed next year.
Negotiators representing 16 countries have been tasked with arriving at an agreement on the controversial Regional Comprehensive Economic Partnership by October 19 but trade unions say the deal has grave consequences.
If India is going ahead with RCEP negotiations, India must insist on rules of origin mandating significant domestic value addition in the country of the final exporter as well as strengthen bilateral mechanisms for ensuring compliance.
RCEP meet: India had proposed certain tweaks in the negotiating text of electronic commerce during the 9th Intersessional Ministerial Meeting.
