This article explores the stabilized text of the E-Commerce Agreement and its implications for the implementation of the agreement among WTO Members. Despite the advancement with a stabilized text in July 2024, significant challenges remain in incorporating the agreement into WTO law. The study provides an overview of the provisions on the stabilized text, elaborating on each section of the agreement. It then addresses unstable provisions, focusing on cross-border data flow and data localization provisions, the security exception provision and the moratorium provision. The discussion further reviews the implications for implementation by highlighting the United States withdrawal from the stabilized text, as well as their current policies, changing their perspective on cross-border data flow. Another critical issue, particularly related to the moratorium provision, is the digital divide with significant implications for developing countries - a concern especially advocated by WTO Members, India, South Africa and Indonesia. The article concludes addressing the need for inclusive economic development, regulatory harmonization and renewed cooperation from countries that represent significant parts of the E-Commerce scenario, such as the United States, European Union and China. Key areas of focus remain the harmonization of cross-border data flow frameworks, data localization issues, and digital inclusion for developing and least-developed countries.