User login

Countries Reach ITA Expansion Deal After Compromise On 'Critical Mass'

December 17, 2015 at 9:33 PM
NAIROBI, Kenya -- The 24 economies negotiating an expanded Information Technology Agreement (ITA) here on Dec. 16 reached a final deal after trading partners approved China's tariff schedule and agreed to non-binding compromise language addressing China's worries over the membership dipping below a "critical mass." The final ITA declaration would commit members to hold discussions in the future if the membership of the plurilateral agreement no longer represents a critical mass, which is defined in the Dec. 16 ITA ministerial...

Not a subscriber? You can request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.