WTO members conclude expanded ITA agreement

Twenty-nine participants at the Singapore Ministerial Conference concluded the Ministerial Declaration on Trade in Information Technology Products (ITA) back in December 1996.

The ITA provides for participants to eliminate duties on IT products covered by the Agreement. Since 1996 and with the fast development of IT products in the last 19 years, the covered products by the ITA were outdated.

Yesterday, on the 24 July 2015, the WTO members concluded an expanded deal that eliminate tariffs on more than 200 IT products. After the Bali agreement, this is the second important agreement that the WTO delivers within the last 2 years.

For more details: https://www.wto.org/english/news_e/news15_e/ita_23jul15_e.htm

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