Wto Information Technology Agreement Pdf

The Office of Health and Information Technologies (OHIT), based in the International Trade Administration, helps U.S. companies increase international sales and business opportunities abroad in the areas of health and information technology, computers and network devices, microelectronics, telecommunications, instrumentation, medical devices, pharmaceuticals, and computer technology. n monitoring trade and economic trends in the health and information technology sectors. and provides data on trade and global MA and influences U.S. trade policy-making in these sectors. Decisions of WTO bodies on the Information Technology Agreement are available in the Guide to the Analytical Index to WTO Law and Practice. The designated supervisory officer can also provide you with additional information and contacts. The wide range of information technology products for which tariffs have been eliminated under this Agreement are listed in Appendices A and B to the Annex to the Agreement. In recognition of rapid advances in computer technology, the agreement provides for an annual review of products to extend coverage to new products. The WTO AAT Committee has also been working on non-tariff measures affecting the sector. As of July 2015, the ITA had 80 participants representing approximately 97% of global trade in information technology products. You can also visit the following websites for more information on the RIA: The WTO Information Technology Agreement homepage provides U.S. exporters of IT products with more details on this agreement.

The aim of the agreement is to reduce to zero all taxes and duties on IT products by the signatories. [2] This Agreement may benefit any company wishing to export one of the IT products covered by the Agreement to one of the signatory countries. The abolition of tariffs promotes lower transaction costs, better access to markets, increased sales and increased export earnings. 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 and entered into force on 1 July 1997. .