According toAxios, the e-commerce market became a 3.5 trillion dollar global market, of which approximately 700 billion dollars is spent on cross-border purchases. However, almost no international or global rules are currently in place. 75 countries have agreed to talk about cross-border e-commerce with the WTO (World Trade Organisation), this month. Global e-commerce is
EU and Japan create free trade zone
On February 1st, 2019, a free trade agreement between Japan and the European Union came into force, covering almost one-third of the world's economy, reports dw.com. With the agreement, almost all tariffs on trade between the EU and Japan have been removed. It can save European companies billions of euros in duties each year. With the new deal, duties are no longer to be
Joint Industry Statement on Brexit and Parcel Delivery
Ecommerce Europe, Fevad, Thuiswinkel.org, Händlerbund, Netcomm, EshopWedrop, An Post, DPD Group and PostNL have presented a joint statement on Brexit and parcel delivery. They opt that the United Kingdom and the EU27 must keep goods and parcels flow efficiently as cross-border retail has been growing exponentially in Europe over the last decade. The main argument of the
Geoblocking starts today!
Starting today, the new geoblocking regulation designed by the European Union comes into force. It means that customers from other countries can shop on a localised web shop and products cannot be refused to them. Not serving consumer depending on their geographical relations is called geoblocking. For example, by checking IP-addresses automatically on country code, the web
Trade deal EU and Japan clears hurdle on way to 2019 start
According to Reuters, plans of the European Union and Japan to form the world's largest free trade area cleared a significant hurdle when EU lawmakers specializing in trade backed a deal that could enter force next year. The European Parliament's international trade committee voted in favor to clear the deal for a final vote set for December 13th. When the agreement comes into