Press Release: Trillion-euro global high-tech trade deal agreed

Author (Corporate)
Series Title
Series Details IP/15/5440 (24.07.15)
Publication Date 24/07/2015
Content Type

The European Union and the vast majority of the World Trade Organisation (WTO) members that were participating in the negotiations agreed to eliminate custom duties on 201 high-tech products.

The extension of the 1996 Information Technology Agreement (ITA) was seen as the biggest tariff-cutting deal in the WTO in almost two decades. A total of 54 WTO members negotiated the expansion of the ITA.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-15-5440_en.htm
Related Links
ESO: Background information: EU proposes major update to IT trade pact http://www.europeansources.info/record/press-release-eu-proposes-major-update-to-it-trade-pact/

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