The Economist: A new initiative aims to modernise global trading rules31 January 2019 | 07:38 | FOCUS News Agency
At first glance, it is hard to see why. On January 25th representatives of 76 WTO members gathered at the annual shindig in Davos announced plans to negotiate new rules covering “trade-related aspects of electronic commerce”. Compared with the trade talks between America and China that restarted this week in Washington, this venture seems positively collegial. It makes sense: global trade rules were written when cloud computing was the stuff of science fiction. And what better way to show the value of the WTO, just as President Donald Trump is busy undermining it?
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