Press Release: Successful conclusion of the WTO’s government procurement negotiation: EU succeeds in gaining more market access

The World Trade Organisation's negotiations on government procurement concluded successfully on 15 December after the Parties of the Government Procurement Agreement (GPA) reached an agreement on an updated set of tender rules and additional market access commitments.

The GPA covers trade in the domain of public procurement worth 500 billion Euros globally annually. According to WTO estimates, the revision of the GPA will bring extra procurement opportunities worth around 100 billion Euros.