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The WTO, the Internet and Trade in Digital Products - EC-US Perspectives (Hardcover)
Loot Price: R3,312
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The WTO, the Internet and Trade in Digital Products - EC-US Perspectives (Hardcover)
Series: Studies in International Trade and Investment Law
Expected to ship within 12 - 17 working days
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The rapid development of the Internet has led to a growing
potential for electronic trade in digital content like movies,
music and software. As a result, there is a need for a global trade
framework applicable to such digitally-delivered content products.
Yet, digital trade is currently not explicitly recognised by the
trade rules and obligations of the World Trade Organization (WTO).
This study provides a complete analysis of the related challenges
in the ongoing WTO Doha Negotiations to remedy this state of
affairs. It elaborates on the required measures in the multilateral
negotiations to achieve market access for digital content and
examines the obstacles that lie on the path to reach consensus
between the United States and the European Communities. Negotiation
parameters analysed include the current US and EC regulatory
approach to audiovisual and information society services and the
evolution of their applicable trade policy jurisdiction. Finally,
this examination takes stock of how the Doha Negotiations and
parallel US-driven preferential trade agreement have so far
contributed to securing free trade in digital content. As new
technologies are an increasingly prominent source of trade dispute,
this book is an assessment of how WTO Members can maintain the
relevance of the multilateral trade framework in a changing
technological and economic environment. "This important work
highlights the missed opportunity in on-going global trade talks --
the failure to pursue a free trade framework for digitally
delivered content. If not corrected, one can readily imagine the
rise of discriminatory barriers to digital trade of the type that
have dogged global trade flows for years, and a failed recognition
by the WTO of the reality of modern commerce. The WTO should, as
the author argues, put a "spotlight" on electronic trade, and move
forward in a comprehensive fashion." Ambassador Charlene
Barshefsky, Former United States Trade Representative
"Wunsch-Vincent provides a comprehensive analysis of the challenges
to establish a liberal trade regime for trade in digital products.
This book will become an important point-of-reference for anybody
interested in e-commerce and the WTO." Carlos A. Primo Braga,
Senior Adviser, International Trade Department, The World Bank
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