ICC - International Chamber of Commerce

03/26/2026 | Press release | Distributed by Public on 03/26/2026 07:58

236 business organisations urge WTO Ministers for time-bound reform and e-Commerce Moratorium renewal

Trade

236 business organisations urge WTO Ministers for time-bound reform and e-Commerce Moratorium renewal

  • 26 March 2026

At the World Trade Organization's (WTO) 14th Ministerial Conference, ICC Secretary General John W.H. Denton AO presented WTO Director-General Ngozi Okonjo-Iweala with a Global Business Statement on behalf of 236 business organisations worldwide. The statement calls for a time-bound WTO reform process and the renewal of the e-Commerce Moratorium, underscoring the urgency felt across the global business community for a well-functioning multilateral trading system that meets the realities of the 21st century.

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ICC Secretary General John W.H. Denton AO presented WTO Director-General Ngozi Okonjo-Iweala with the Global Business Statement, signed by 236 business organisations from every region of the world.

The statement underscores a shared sense of urgency across the global business community over the future of the multilateral trading system.

ICC Secretary General handing statement to WTO Director General

Signatories urge ministers to take concrete steps to safeguard economic stability and enable the digital economy to continue to drive development worldwide.

They call on ministers to launch time-bound reform negotiations that restore the WTO's capacity to negotiate, deliberate and settle disputes, and modernise the system for 21st-century trade.

The statement also stresses the importance of maintaining the Moratorium on Customs Duties on Electronic Transmissions. Allowing it to lapse, business warns, would risk fragmentation, raise costs and hinder the ability of businesses to participate in cross-border digital trade - particularly for micro-, small- and medium-sized enterprises (MSMEs).

The message from business is clear: predictable, rules-based trade remains essential for investment, innovation and sustainable growth. Governments must seize this moment to revitalise the multilateral trading system and secure an open, inclusive and future-ready digital economy.

See all 236 business organisations who have already joined the Global Business Statement

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ICC - International Chamber of Commerce published this content on March 26, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 26, 2026 at 13:58 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]