Wto Ict Agreement

The ITA is an important example of a successful international trade agreement – it has expanded access to IT products that drive the global economy, lowered prices for businesses and consumers, and enabled global innovation and digitalization. Its weakening is relevant both to the global IT and ICT companies that are icc members and to the broader business community represented by the ICC that benefits from free trade in these products. Therefore, the ICC rejects all efforts to unravel the ITA, whether in spirit or in letter, and undermine the benefits it has brought. The Information Technology Agreement is a plurilateral agreement to abolish tariffs on certain information and communication technology (ICT) products. The ITA covers a wide range of ICT products, including computers and computer peripherals, electronic components, including semiconductors, computer software, telecommunications equipment, semiconductor manufacturing equipment and computer-aided analytical instruments. To date, 82 WTO members participate in the RIA, representing 97 per cent of global trade in ICT products. The Information Technology Agreement (ITA) is a plurilateral agreement implemented by the World Trade Organization (WTO) and concluded in 1996 in the Ministerial Declaration on Trade in Information Technology Products and entered into force on 1 July 1997. Since 1997, an official WTO committee has been monitoring the follow-up to the Declaration and its implementation. [2] The agreement was extended in 2015. [3] The Information Technology Agreement (ITA) is a World Trade Organization (WTO) agreement that entered into force in 1997. As part of the ITA`s expansion, more than $180 billion in annual exports of U.S. technology to key markets around the world will no longer be subject to onerous tariffs The Information Technology Agreement (ITA) was concluded by 29 participants at the Singapore Ministerial Conference in December 1996.

Since then, the number of participants has grown to 82, which corresponds to about 97% of the world`s trade in computer products. The participants undertake to completely eliminate customs duties on IT products covered by the agreement. At the Nairobi Ministerial Conference in December 2015, more than 50 members concluded the expansion of the agreement, which now includes 201 other products worth more than $1.3 trillion per year. Text of the ITA 2015 extensionText of the 1996 itaita expansion plans Online document search General documents on ITA bear the document code G/IT/* (where * assumes additional values). These links will open a new window: leave a moment for the results to appear. .

This article was written by: SignEx