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Technology Agreement

The wide range of computer products for which tariffs have been removed under this agreement is contained in Schedules A and B of the Annex of the Agreement. Recognizing the rapid advances in computer technology, the agreement calls for an annual product review to extend coverage to new products. The WTO ITA Committee has also begun work on non-tariff measures for the sector. The home page of the WTO Information Technology Agreement allows U.S. exporters of computer products to get more details about the agreement. 18 of the 24 participants in the expanded ITA implemented the agreement on 1 November. In particular, China submitted its commitments to the WTO on 26 October 2016, which should strongly encourage the remaining members to implement the agreement in its entirety. ItA EXPANSION Chart 5: Tariffs on products covered by the Accor Agreement The Information Technology Agreement is a multilateral agreement to remove tariffs on certain information and communication technology (ICT) products. ITA covers a wide range of ICT products, including computers and computer equipment, electronic components such as semiconductors, computer software, telecommunications equipment, semiconductor manufacturing equipment and computerized analysis tools. To date, 82 WTO members are members, representing 97% of global trade in ICT products.

18 of the 24 participants in the expanded ITA implemented the agreement on 1 November. In particular, China submitted its commitments to the WTO on 26 October 2016, which should strongly encourage other members to fully implement the agreement. Today, after the recent accession of the Republic of Seychelles, itA now has 81 WTO members, who account for about 97% of the world`s trade in computer products. Under the Information Technology Agreement, commonly known as ITA, participants withdrew all import tariffs on a wide range of computer products. Below, you`ll find a list of current signatory countries, which account for about 95% of global trade in COMPUTER products, and a list of the few countries allowed to delay their tariff reductions for a handful of products. The aim of the treaty is to reduce all taxes and tariffs on information technology products by the signatories to zero. [2] Chart 2 ITA Extension: Estimated Value of Trade Covered by the Agreement, per Member, 2011-2013 The agreement also provides for the obligation to remove non-tariff barriers in the field of information technology and to review the list of covered products to determine whether further enlargement may be necessary to take account of future technological developments. Under the Information Technology Agreement, commonly known as ITA, participants removed all import duties on a wide range of computer products.

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