Factbox-What was agreed at WTO negotiations in Abu Dhabi?

investing.com:

By Emma Farge

ABU DHABI (Reuters) — World Trade Organization (WTO) negotiators failed to break a deadlock on major reforms in the early hours of Saturday despite talks extending deep into overtime in Abu Dhabi, in what some delegates said was a triumph of national interest over collective responsibility.

Here is a summary of what was achieved and what was not:

E-COMMERCE

— Countries agreed to extend a moratorium on placing tariffs on digital goods until the next ministerial conference in two years' time. Then the deal is set to expire at the start of that meeting, requiring more extensive negotiations.

— Several countries, including India and South Africa, were opposed to the extension of a moratorium on e-commerce backed by the vast majority of countries and seen as vital to businesses to avoid tariffs on digital goods like film downloads.

— On the plus side, a draft programme has been agreed for future work beyond Abu Dhabi.

DISPUTE SETTLEMENT

— Countries agreed to commit to continue negotiations in 2024 to try to resolve a crisis in its dispute settlement system whose top court has been hobbled for four years due to U.S. opposition.

— This means many trade disputes are unresolved since countries can appeal them into a legal void and the WTO's rules cannot be enforced.

— India's minister Piyush Goyal has said it is «sad» countries are obstructing outcomes. He did not mention Washington directly but said he had raised a lack of progress on fixing the WTO's dispute system with U.S. Trade Representative Katherine Tai in a meeting earlier this week.

— Tai has said negotiations on this issue are positive and have shown progress. However, delegates say obstacles abound and are privately sceptical of them making much