WTO Finalizes Landmark Agreement on Global Digital Trade

91 nations commit to paperless transactions, e-signature recognition, and enhanced online fraud protections.

The agreement includes a permanent ban on customs duties for electronic transmissions.
It mandates the adoption of electronic invoicing and paperless trading frameworks.
Developing countries will receive a grace period and financial support for implementation.
The U.S. and other nations have expressed reservations, particularly on security provisions.
The deal aims to streamline cross-border commerce, reducing costs and barriers for businesses.