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E-WTO discussed at Boao Forum to promote trade

Policymakers and executives at the Boao Forum discussed the possibility of making an e-commerce equivalent of World Trade Organization, called e-WTO, to better promote the flow of e-commerce and set more unified standards. The e-commerce, some participants believe, could be a good way to revive trade in Asia, which has plummeted from 17% in 2007 to 1.5% in 2014.

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