Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Pakistan not to attend WTO e-commerce talks

byCT Report
07/02/2019
in Business, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: As more than 75 member countries of the Geneva-based World Trade Organisation (WTO) sit down to design a framework to govern e-commerce, Pakistan has decided to not be a part of these negotiations, sources familiar with the matter informed Dawn on Wednesday.

On January 25, 2019, around 75 WTO member states, who make up for the 90 per cent of the total global e-commerce market share, decided to launch negotiations to regulate online marketplaces.

You might also like

PIAF welcomes Rs200b tariff relief, calls for comprehensive industrial reforms

01/06/2026

FBR recovers Rs4m from Cheezious in tax compliance action

01/06/2026

A senior official, while talking to Dawn, said Pakistan is totally cut off and isolated from multilateral trading system and has opted out of the forum while the group of countries has agreed to develop rules under the ambit of multilateral trade system. “E-commerce global rules will be formulated and we will have no say”, he lamented.

Former commerce minister Khurram Dastgir Khan was once leading the e-commerce debates at the WTO forum and the previous government had also directed the ministry to draft e-commerce policy. However, former government had expressed concern over the inability of the commerce and information technology ministries to formulate a sound national e-commerce policy.

The newly appointed Adviser on Commerce Razak Dawood is yet to visit WTO and take part in negotiations despite being in government for the last six months.

The current size of Pakistan’s e-commerce industry has not been ascertained, but the commerce ministry estimates it is likely to cross $1 billion mark by 2020.

As per the joint WTO declaration of January 2019, 75 countries showed their willingness to commence negotiations on trade-related aspects of e-commerce. It was also agreed to achieve a high standard outcome that builds on existing WTO agreements and frameworks with the participation of as many members as possible.

The group also vowed to take into account the unique opportunities and challenges faced by members states including developing countries and least developed countries as well as by micro, small and medium sized enterprises, in relation to e-commerce.

“We continue to encourage all WTO members to participate in order to enhance the benefits of electronic commerce for businesses, consumers and the global economy”, the joint statement read.

As per the earlier direction, the proposed policy will primarily focus on developing rules to govern e-commerce market along with related financial and legal issues.

The Electronic Transaction Ordinance 2002 and Prevention of Electronic Crime Bill 2016 provide the basis for legislative infrastructure for e-commerce in Pakistan. Additionally, an Electronic Certification and Accreditation Council has also been established to deal with e-signatures and e-contracts for digital transactions.

Moreover, a separate law has been proposed which may include a provision for seller protection, specifying rights, obligations, liabilities and penalties for both sellers and consumers operating online.

But there is a weak regulatory mechanism for consumer protection, data and information privacy, insurance liability and dispute resolution for e-commerce transactions.

Related Stories

PIAF welcomes Rs200b tariff relief, calls for comprehensive industrial reforms

byCT Report
01/06/2026

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the government’s decision to provide approximately Rs200 billion in...

FBR recovers Rs4m from Cheezious in tax compliance action

byCT Report
01/06/2026

SAHIWAL: The Federal Board of Revenue (FBR) has recovered Rs. 4 million from popular fast-food chain Cheezious following an enforcement...

FBR revenue shortfall swells to Rs868b as tax collection misses target

byCT Report
01/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) recorded a revenue gap of Rs868 billion during the first 11 months of...

Pakistan likely to allocate Rs1,126b for development projects in budget 2026-27

byCT Report
01/06/2026

ISLAMABAD: Pakistan is expected to allocate around Rs1,126 billion for development projects in the upcoming federal budget 2026–27, according to...

Next Post

PIA revival plan to be finalised by March

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.