Express news service
NEW DELHI: The Commerce Department is considering changing the e-commerce rule and is ready to ease its stance after the Australian government raised concerns ahead of the trade deal.
Previously, the Australian government, which is expected to conclude a trade deal with India soon, had previously pointed out that India’s new e-commerce rules “would impose extensive extraterritorial obligations on foreign e-commerce entities operating in India” and wrote a statement. detailed letter to Department of Consumer seeking clarification and adding that some of the conditions would increase trade barriers.
Sources at the Commerce Department said the Australian counterpart wanted absolute clarity on some of the clauses before concluding the deal and wanted him to amend them because they saw it as “discriminatory”.
Some of the clarifications relate to the definition of predatory selling, the ban on flash sales, mandatory registration of e-commerce companies, among others, and the Australian counterpart added that the rules would impose unreasonable compliance costs and would be particularly expensive for SMEs.
“This deal is crucial for us, there were concerns and we are reviewing it. We are prepared to review certain clauses. The minister himself is studying the issue and assured that the interest of each stakeholder would be taken into consideration, ”a senior official from the Ministry of Commerce told TNIE.
The issue was also discussed during a meeting between Trade Minister Piyush Goyal and his Australian counterpart on Thursday.
“… What Minister (Piyush) Goyal and I agreed was that there would be a chapter on electronic commerce in the final agreement,” said Dan Tehan, Australian Minister for Trade.