Breakthrough on tech tariff-cutting agreement
Trade negotiators tentatively agree to eliminate tariffs on an array of technology products valued at US$1 trillion worth of global commerce
Washington
TRADE negotiators tentatively agreed on Saturday to eliminate tariffs on an array of technology products valued at US$1 trillion worth of global commerce.
The breakthrough towards the World Trade Organization's Information Technology Agreement took place at an ambassadors' meeting at the European Union embassy in Geneva.
"Very optimistic that we'll have a final successful deal by the end of next week," Roberto Azevedo, director-general of the WTO, said on Twitter. "We have the basis for an ag…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies