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India has taken a proactive stance at the World Trade Organization (WTO) by urging member countries to join forces in addressing the overwhelming dominance of a few multinational corporations within the global e-commerce sphere. The approach centers on fostering competition within digital markets and strengthening cooperation among regulatory authorities worldwide.
India's position is crucial as it emphasizes the necessity to tackle the uneven distribution of benefits in e-commerce. Moreover, it critiques the push by some affluent nations for a plurilateral agreement on e-commerce regulations, which could potentially sideline the interests of less powerful countries.
A significant concern shared by many developing nations, including India and South Africa, is the plurilateral talks on e-commerce rules. These countries argue that such talks contravene the WTO's foundational principles of collective decision-making, potentially marginalizing numerous voices in the process.
To combat anti-competitive practices, India proposes a collaborative approach among member countries. This strategy aims to boost competition in digital markets while enhancing the cooperation between regulatory authorities worldwide.
The global nature of the internet and online businesses necessitates robust collaboration among regulators from various jurisdictions. This collaboration is vital to effectively govern the expansive and interconnected digital landscape.
India is actively seeking input from developing countries to understand the challenges they face in implementing policies that ensure fair competition in the e-commerce sector. Additionally, India is interested in gathering suggestions on capacity-building initiatives to support these nations.
The 12th Ministerial Conference (MC12) of the WTO, held in June 2022 at the organization's headquarters in Geneva, marked a renewed commitment to discussions under the Work Programme on Electronic Commerce (WPEC). These discussions are particularly focused on addressing the development dimension of e-commerce.
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