Ita Agreement Wto

The agreement also provides for the obligation to eliminate non-tariff barriers in the information technology sector and to review the list of products covered to determine whether further expansion is necessary to take account of future technological developments. The ITA Committee was established to oversee the implementation of the ITA, including the review of product coverage, consultation on non-tariff barriers (NTSBS), review of classification gaps, and resolution of disagreements among participants. The ongoing work programme of the Committee on Non-Tariff Barriers (BARRIERS) has so far resulted in guidelines for conformity assessment procedures for electromagnetic compatibility (EMC) and electromagnetic interference (EMI) of information technology (IT) products. In October 2011, the EU informed the Committee that it would focus its efforts on a sectoral agreement on Doha Round IT products at the ITA Committee. In May this year, Canada, Japan, Korea, Chinese Taipei, Singapore and the United States presented a joint document calling for negotiations to expand product coverage and MEMBERSHIP in the ITA. Current Chairman: Mr. Zahari MD ALI (Malaysia). 11.05.2012 The Information Technology Agreement (ITA) is a World Trade Organization (WTO) agreement that entered into force in 1997. By becoming a party to the agreement, a country undertakes to bind and eliminate customs duties on covered goods (e.g.

B, PC, computer monitors, computer printers, semiconductors, telecommunications equipment). To date, 70 countries have joined the ITA, accounting for more than 97% of global trade in the high-tech sector. The ITA is an important example of a successful international trade agreement – it has expanded access to IT products that boost the global economy, lowered prices for businesses and consumers, and facilitated 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 opposes all efforts to unravel the ITA, whether in spirit or in letter, and undermine the benefits it has produced. After 17 rounds of negotiations, on Saturday 18 July 2015, negotiators were about to agree on a list of products for the expansion of the ITA and a draft declaration on how the agreement will be implemented. Recognizing the success of the agreement and the many benefits it has brought, the ICC calls on THE ITA signatories to accelerate discussions on expanding the coverage of ITA products. Given the key role that the information technology sector plays in global growth and the reality of our economic uncertainty, such discussions should be initiated immediately. The expansion of the ITA will play a very important role in stimulating the global economy. The ICC also recognizes the unique features of the ITA as a stand-alone WTO agreement made possible through the strong support of the global information technology and ICT industry. These characteristics should be preserved in all NEGOTIATIONS for the enlargement of the ITA. Decisions of WTO bodies on the Information Technology Agreement are contained in the Guide to the Analytical Index to WTO Law and Practice.

India is a signatory to the Information Technology Agreement (ITA) (now also known as ITA-1), a plurilateral WTO agreement. There are currently a total of 75 member signatories, including 27 EU Member States, which account for around 97% of global trade in information technology (IT) products. India joined the ITA on 25 March 1997. In 2015, the United States and more than 50 WTO members reached an agreement to expand the list of DUTY-free ICT products. This agreement, dubbed the “ITA Extension”, builds on the 1996 ITA and commits the parties to gradually reduce hundreds of tariffs on other ICT products. ItA`s expansion requires tariff elimination on a list of 201 products, including advanced semiconductors, high-tech medical devices, global positioning systems, software carriers, video game consoles, and high-tech ICT testing tools. As part of the ITA`s expansion, annual exports of U.S. technology worth more than $180 billion will no longer be subject to onerous tariffs in key markets around the world The Information Technology Agreement (ITA) is a plurilateral agreement implemented by the World Trade Organization (WTO) and concluded in the 1996 Ministerial Declaration on Trade in Information Technology Products, which entered into force on 1 July 1997. Since 1997, an official WTO committee has been monitoring compliance with the Declaration and its implementation.

[2] The agreement was extended in 2015. [3] Figure 2 ITA Expansion: Estimated Value of Trade Covered by the Agreement, by Member, 2011-2013 Figure 5 ITA Expansion: Application of the Most-Favoured-Nation Tariff to Products Covered by the Agreement India`s experience with the ITA has been very discouraging, almost wiping out India`s IT industry. The real winner of this agreement was China, which increased its global market share from 2% to 14% between 2000 and 2011. Under the terms of the agreement, the majority of tariffs on the 201 products will be eliminated within three years, with reductions from 2016. By the end of October 2015, each of the participating members will submit to the other participants a draft timetable outlining how the terms of the agreement are to be respected. Participants will spend the next few months preparing and revising these schedules. The aim is to complete this technical work in time for the Nairobi Ministerial Conference in December. The Information Technology Agreement is a plurilateral agreement to abolish tariffs on certain information and communication technology (ICT) products. The ATI 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. .

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