FEB 06, 2024 | ASIA PACIFIC | INDIA
Digital India Needs This WTO Shield
The Economic Times, February 6, 2024
By Venkatesh Krishnamoorthy, Country Manager — India
India is a major exporter of IT and software services, with exports worth $194 billion in 2023 and growing at an annual rate of 12.2% as of 2022. Depending on other WTO member interpretations, some of these services could fall within the definition of electronic transmissions, which could subject them to customs duties and requirements by other trading partners if the moratorium lapses.
When trade ministers convene for WTO's ministerial conference (MC13) in Abu Dhabi on February 26-29, they must renew a foundational element of the global digital economy. Since 1998, WTO member countries, including India, have agreed to refrain from imposing customs duties on electronic transmissions. Abandoning the WTO ecommerce moratorium would harm the competitiveness of India's IT and software sector, create uncertainty for digitally enabled businesses and threaten to upend digital commerce. So, the agreement must be periodically renewed.
Original Posting: https://economictimes.indiatimes.com/opinion/et-commentary/view-digital-india-needs-this-wto-shield/articleshow/107436709.cms
BSA 소개
소프트웨어 연합(BSA | The Software Alliance, 이하 BSA)(www.bsa.org)은 각국 정부를 대상으로 세계 시장에서 전 세계 소프트웨어 업계를 대변하고 옹호하는 선도적 연합체입니다. 세계의 가장 혁신적 기업들이 회원사로 참여하며 경제에 활기를 불어 넣고 현대의 생활을 향상시키는 소프트웨어 솔루션을 만들어 내고 있습니다.
워싱턴 DC에 본부를 두고, 30개국이 넘는 국가들에서 운영되는 BSA는, 합법적 소프트웨어 사용을 증진시키고 기술 혁신을 촉진하며 디지털 경제의 성장을 추진하는 공공 정책을 지지하는 준법 프로그램들을 선도합니다.