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The ITA II: Successful Trade Liberalization

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The ITA II: Successful Trade Liberalization


Global Trade and Customs Journal
Volume 10, Issue 10 (2015) pp. 346 – 354

https://doi.org/10.54648/gtcj2015042



Abstract

The Information Technology Agreement (ITA) is an international agreement aimed at increasing worldwide trade of information technology products by removing barriers to trade. Specifically, the ITA is a tariff cutting mechanism implemented by the World Trade Organization. Each country that participates in the ITA agrees to reduce the duties on certain products to zero. After years of negotiations, the Committee of Participants on the Expansion of Trade in Information Technology Products has proposed an updated list of products to be given duty-free treatment. This article examines the updated product list from the perspective of implementation at the Customs level, and offers insight into how to receive the benefits of reduced duty treatment.


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