{"id":41279,"date":"2019-01-29T17:36:09","date_gmt":"2019-01-29T12:06:09","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=41279"},"modified":"2019-01-29T17:36:09","modified_gmt":"2019-01-29T12:06:09","slug":"e-commerce-games","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/e-commerce-games\/","title":{"rendered":"E-commerce games"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindubusinessline.com\/opinion\/editorial\/e-commerce-games\/article26114096.ece\"><strong>E-commerce games<\/strong><\/a><\/p>\n<p><strong><u>Issue: <\/u><\/strong><\/p>\n<ul>\n<li>India decided to stay out of the WTO e-commerce negotiations announced by about 75 members at the World Economic Forum in Davos<\/li>\n<\/ul>\n<p><strong><u>\u00a0Negotiation agendas:<\/u><\/strong><\/p>\n<ul>\n<li>Free flow of data located on computer servers without data localization requirements<\/li>\n<li>Permanent moratorium on customs duties<\/li>\n<li>Non-disclosure of source code<\/li>\n<li>Prohibition of forced technology transfer<\/li>\n<\/ul>\n<p><strong><u>Reasons for India opted to stay out of E-commerce negotiation:<\/u><\/strong><\/p>\n<ul>\n<li>Not to be part of any <strong>plurilateral talks<\/strong> because such initiatives strike at the very root of <strong>multilateralism<\/strong><\/li>\n<li>India&#8217;s <strong>huge data reserve<\/strong> and its <strong>impact on real economy<\/strong> and <strong>management of data without compromising privacy and security considerations<\/strong> are still in progress<\/li>\n<li><strong>RBI\u2019s recent policy mandating data localization<\/strong> through local servers would be challenged in such negotiation<\/li>\n<li><strong>Unsettled E-commerce regulations<\/strong> especially those related to foreign direct investment: marketplace and inventory model<\/li>\n<\/ul>\n<p><strong><u>Problems with E-commerce:<\/u><\/strong><\/p>\n<ul>\n<li><strong>Highly asymmetrical space<\/strong> with a few dominant players having the potential to distort a level playing field<\/li>\n<li><strong>Definition and Meaning of e-commerce varies<\/strong> from one country to the other<\/li>\n<li>E-commerce <strong>rules are yet at nascent stage<\/strong><\/li>\n<\/ul>\n<p><strong><u>Way forwards:<\/u><\/strong><\/p>\n<ul>\n<li>India should manage its huge precious data resource on its <strong>own terms<\/strong><\/li>\n<li>Status-quo on e-commerce should be maintained till developing countries understand what is <strong>at stake in the area of global e-commerce rule-making<\/strong><\/li>\n<li>Provide weight to India similar stand on <strong>e-commerce issues at ongoing talk of RCEP<\/strong><\/li>\n<li><strong>China<\/strong> is a proponent of e-commerce negotiations both at the WTO and RCEP is another reason for India to step carefully<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>E-commerce games Issue: India decided to stay out of the WTO e-commerce negotiations announced by about 75 members at the World Economic Forum in Davos \u00a0Negotiation agendas: Free flow of data located on computer servers without data localization requirements Permanent moratorium on customs duties Non-disclosure of source code Prohibition of forced technology transfer Reasons for&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/e-commerce-games\/\">Continue reading <span class=\"screen-reader-text\">E-commerce games<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[167],"tags":[],"class_list":["post-41279","post","type-post","status-publish","format-standard","hentry","category-economy-subject","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700773964,"cached_date":1704707844},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/41279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=41279"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/41279\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=41279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=41279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=41279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}