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In what country does the ITA concluded during its ministerial conference?

The Information Technology Agreement (ITA) was concluded by 29 participants at the Singapore Ministerial Conference in December 1996.

What is ITA expansion?

The ITA expansion covers about 9-13% of current world trade with around 90% of trade in these products taking place among ITA members. The ITA expansion has 25 members (including the EU as one member) and cuts tariffs to zero on a list of 201 products.

What is technology transfer arrangement?

Technology Transfer Arrangement is the process by which one party systematically transfers to another party the knowledge for the manufacture of a product, the application of a process, or rendering of a service, which may involve the transfer, assignment or licensing of intellectual property rights.

What is the purpose of ITA?

The mission of the International Trade Administration (ITA) is to create prosperity by strengthening the international competitiveness of U.S. industry, promoting trade and investment, and ensuring fair trade and compliance with trade laws and agreements.

What is one stated purpose of the World trade Organization?

The overall objective of the WTO is to help its members use trade as a means to raise living standards, create jobs and improve peoples lives. The WTO operates the global system of trade rules and helps developing countries build their trade capacity.

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