- 1 February 2019
- Transport / Logistics Services
UPS has released a statement welcoming the members of the WTO who are advancing the new e-commerce negotiations that were first mooted at Davos.
“As the world continues to move toward a more digitally-enabled global marketplace, we need to ensure that we are operating within a modern e-Commerce policy and regulatory framework that improves the ability of all businesses, large and small, to compete and grow,” said David Abney, Chairman and CEO of UPS.
“UPS urges all trade ministers joining in the launch of negotiations of an e-commerce framework to work together in a timely fashion in negotiating a high standard rules-based trading system that will provide for efficient customs clearance, enable fluid digital transactions, establish transparency and trust and facilitate cross-border movement of information.”
UPS is in a good position to benefit from improved international e-commerce rules as it is responsible for 3% of logistics that take place around the world…