June 13, 2021

WASHINGTON – Today, global tech trade association ITI welcomed the Carbis Bay G7 Summit Communique from G7 leaders regarding their commitments on key digital and trade policies:

“We are encouraged the G7 leaders committed to advance free and fair trade, and to preserve an open, interoperable, unfragmented, and secure internet that empowers people around the world and supports the global economic recovery from the COVID-19 pandemic,” said Jason Oxman, ITI President and CEO. “Through actions such as endorsing the Digital Ministers’ Roadmap for Cooperation on Data Free Flow with Trust and supporting a meaningful conclusion to the WTO negotiations on e-commerce, G7 members are driving groundbreaking innovations that enable 21st century commerce. Further, we welcome the leaders’ support for the OECD/G20 Inclusive Framework’s efforts to develop a multilateral approach to the tax challenges arising from the digitalization of the global economy. We call on G7 governments to underscore that support for multilateralism by withdrawing all digital services taxes at the time of political agreement. Our industry looks forward to working with G7 governments to continue efforts advancing these priorities for an inclusive economic recovery.”

In April, ITI joined a global coalition of tech and business groups to release 2021 Recommendations for G7 Leaders to Stimulate Innovation in the Digital Economy, urging G7 leaders to champion the free flow of data across borders, remove localization barriers, facilitate trade, reach a long-term solution to taxation of the digitalizing economy, promote trust and a safe internet, and ensure security in networks and commit to common best practices.

Public Policy Tags: Trade & Investment