world_organizations medium True/False

The WTO's Joint Statement Initiative on E-Commerce involves multiple members negotiating rules on digital trade, covering issues like data flows, consumer protection, electronic signatures, and customs duties on electronic transmissions.

  1. True
  2. False

Answer: True

The JSI aims to establish a multilateral framework for e-commerce, addressing 21st-century trade challenges. While consensus remains elusive on some issues (e.g., data localization), progress on facilitation measures can boost digital inclusion, SME participation, and cross-border e-commerce growth.

Topic World Trade Organization
Exam Relevance UPSC, Banking, SSC
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