The aim of the treaty is to reduce all taxes and tariffs on information technology products by the signatories to zero. [2] The Information Technology Agreement (ITA) is a multi-lateral agreement, obtained by the World Trade Organization (WTO), concluded in 1996 in the Ministerial Declaration on Trade in It-Tech Products, which came into force on 1 July 1997. Since 1997, an official WTO committee has overseed the following declaration and its implementation. [2] The agreement was extended in 2015. [3] In the WTO`s Analytical Index of Law and Practice Guide, you will find the decisions of WTO bodies on the Information Technology Agreement. “Affect” vs. “Effect”: Use the correct word every time “Epidemic” vs. “Pandemic” vs. “Endemic”: What do these terms mean? According to a 2017 World Trade Review study, the enlargement of the ITA in 2015 is “the most successful attempt at trade liberalization under the auspices of the WTO since its inception in 1995.” [3] The study attributes the success of the negotiations to four factors: “a narrower scope without a single approach for business, a negotiating group that included many but not all WTO members, the focus on tariffs rather than non-tariff barriers and the prevention of nationalist opposition.” [3] You can perform more sophisticated searches using the “Online Documents” search function (opened in a new window) by defining several search criteria such as document code, full text search, or document date.

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 increased to 82, or about 97% of the world`s trade in computer products. Participants pledged to eliminate the tariffs of the computer products covered by the agreement altogether. At the Ministerial Conference in Nairobi in December 2015, more than 50 members concluded the expansion of the agreement, which now includes 201 additional products worth more than $1.3 trillion per year. Browse or download the text of the Ministerial Declaration on Trade in Computer Products from the Legal Texts Gateway. What is the difference between “it`s” and “being”? Search for documents online These links open a new window: Allow a moment for results to appear. The word Dictionary.com of the year 2020 is… “Alligator” versus “crocodile”: Do you know the difference? Why do “left” and “right” mean liberal and conservative? Work on this topic is being reviewed by the participants` committee for the extension of trade in information technology products. The current chair is. Download the work program (MS Word format, 2 pages, 32 KB, opens in a new window) Search documents online documents on ITA carry the document code G/IT/ (where takes additional values). These links open a new window: Allow a moment for the results to appear. Do you describe 2020 in one word? We asked, you answered.