India signals openness to extending tariff-free deal on e-commerce, two diplomats say

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Ten U.S. servicemembers wounded in Iranian strike on Saudi base- report Iran conflict latest: Rubio says U.S.’s Iran operation to end in weeks, not months Dow joins Nasdaq in correction territory as Wall Street bleeds amid Iran war Oil erases weekly loss, Brent above $110 as steel, energy targets struck in Iran (South Africa Philippines Nigeria) India signals openness to extending tariff-free deal on e-commerce, two diplomats say By Economy Published 03/27/2026, 09:29 PM Updated 03/27/2026, 09:30 PM India signals openness to extending tariff-free deal on e-commerce, two diplomats say 0 By Olivia Le Poidevin YAOUNDE, March 28 - India has signalled it may drop its opposition to the extension of a global agreement to not impose tariffs on electronic transmissions such as digital downloads and streaming, two senior diplomats said. India’s Commerce Minister Piyush Goyal had on Thursday cast doubt on U.S. efforts to permanently extend the moratorium - which is set to expire this month - during a World Trade Organization meeting in Cameroon this week, saying it warranted "careful reconsideration." However, India late on Friday night indicated to WTO members it would agree to an extension of two years, two senior diplomatic sources said, in the first sign of an opening in its position, ahead of the WTO meeting on the matter on Saturday. It is unclear, however, if a short-term extension would be satisfactory to the U.S. The U.S. trade Representative Jamieson Greer said on ‌Thursday Washington was not interested in a temporary extension to the ban, only a permanent one. Business leaders say an extension is critical to guarantee predictability, fearing duties could be introduced if the agreement lapses. Two senior diplomats said U.S. and Indian positions were still far apart. A third senior diplomat said that members are trying to forge a middle path of extending the moratorium beyond the next ministerial meeting - betw...