Moratorium on e-commerce tariffs extended for two years, according to draft WTO document

World Trade Organization members agreed to extend a moratorium on e-commerce tariffs for another two years at a high-level meeting, according to a document released Friday, although it still needs formal approval.

“We agree to maintain the current practice of not imposing customs duties on electronic transmissions until the 14th session of the Ministerial Conference. The moratorium and the work program will expire on that date,” says the document, published on the WTO website .

Ministerial conferences are held every two years.

The draft document needs final approval by all 164 WTO members at the closing meeting scheduled for Friday.