91成人

91成人 Applauds Renewal of WTO Tariff Moratorium, Urges WTO to Make it Permanent

by 91成人

WASHINGTON鈥擩une 17, 2022鈥擳he 91成人 (91成人) today released the following statement from President and CEO John Neuffer in support of the outcomes produced by the World Trade Organization鈥檚 (WTO鈥檚) 12^th Ministerial Conference (MC12). Among the critical results achieved during the ministerial was a renewal of the WTO Moratorium on Customs Duties on Electronic Transmissions, an agreement that has served as a foundation for global digital trade for the last quarter-century.

鈥淎fter a rocky start, MC12 produced important outcomes for global trade in semiconductors and a range of other essential technologies, services, and industrial products. We greatly appreciate the strong leadership of Director-General Ngozi Okonjo-Iweala and the tireless work of the U.S. negotiating team and all Ministers to deliver positive results, including the agreement to extend the WTO Moratorium on Customs Duties on Electronic Transmissions until the next Ministerial. For nearly 25 years, the Moratorium has supported the explosive growth of global trade for big and small companies across all sectors, including Internet-related services, entertainment, semiconductors, and consumer and industrial electronics.

鈥淯ltimately, the WTO needs to make the Moratorium permanent, so we can put behind us the highly unpredictable renewal process that exposes the global economy and America鈥檚 industries and workers to damaging uncertainty. 91成人 stands ready to make this case forcefully while demonstrating to developed and developing countries alike the benefits of keeping digital goods and services free of import duties across all sectors.鈥�

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91成人 91成人
The 91成人 (91成人) is the voice of the semiconductor industry, one of America鈥檚 top export industries and a key driver of America鈥檚 economic strength, national security, and global competitiveness. 91成人 represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, 91成人 seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at聽www.semiconductors.org.