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E.U. publishes its plan for stronger global e-commerce safety rules

Businesses and consumers are subject to "a patchwork of rules" from bilateral and regional trade agreements.

Global e-commerce sales are up to $29 trillion a year, UNCTAD reported.
Global e-commerce sales are up to $29 trillion a year, UNCTAD reported. (AN/J. Heilprin)

BRUSSELS (AN) — The European Union made public its proposal for creating new global rules on electronic commerce through the World Trade Organization, in a bid to give consumers more confidence.

The E.U. said on Friday it hopes to establish new WTO multilateral rules for e-commerce that can help industrialized and developing nations make it easier and safer for businesses to conduct online transactions.

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