, APAC
112 views
Photo from SGPC's joint press release Caption: Minister for Communications and Information, Josephine Teo, representing Singapore, with members of the WTO Joint Statement Initiative on Electronic Commerce (JSI) and WTO Director General Ngozi Okonko-Iweala on the sidelines of the World Economic Forum Annual Meeting in Davos, Switzerland on 20 January 2023

Teo, WTO director-general seek growth, inclusiveness of digital economy

The joint statement on e-commerce sets rules on the global digital economy.

Minister for Communications and Information Josephine Teo and the World Trade Organisation director-general Ngozi-Okonjo-Iweala said the joint statement initiative (JSI) on electronic commerce will promote growth and inclusivity of the digital economy.

More than 20 members of the WTO (JSI) met at the sidelines of the World Economic Forum Annual Meeting in Davos, Switzerland, to affirm commitment to put up a set of rules that will govern the global digital economy.

The members agreed to continue to exercise pragmatism and flexibility to speed up the ongoing negotiations and conclude the agreement by end 2023. 

Teo said the negotiations on e-commerce will be important to make sure there is high standard agreement.

The WTO director general said the JSI will strengthen digital inclusion and narrow the digital gap.

“I strongly urge members to further accelerate discussions to achieve substantial conclusion of the agreement by 2023,” she said.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!