G20 Calls On India To Open Up Ecommerce Sector

Members of the G20 have called upon India to open up its ecommerce sector in order to allow for a framework of cross-border trading. Currently, India does not allow foreign investment in its ecommerce retail market, meaning that companies such as Amazon act entirely as marketplaces. However, with a G20 summit due to take place in December 2017, there has been a series of messages sent to all member countries requesting a look into the ways in which the organisation can improve digital trade around the world. It is hoped that such a move would help developing countries benefit from global online trade.