Under the agreement, most tariffs on the 201 products will be abolished within three years, with reductions starting in 2016. By the end of October 2015, each of the participating members will present the other participants with a draft timetable specifying compliance with the terms of the agreement. Participants will spend the next few months preparing and reviewing these calendars. The aim is to complete this technical work in due course before the Ministerial Conference in Nairobi in December. The wide range of computer products for which tariffs have been removed under this agreement is contained in Schedules A and B of the Annex of the Agreement. Recognizing the rapid advances in computer technology, the agreement calls for an annual product review to extend coverage to new products. The WTO ITA Committee has also begun work on non-tariff measures for the sector. The agreement also provides for the obligation to remove non-tariff barriers in the information technology sector and to review the list of products covered to determine whether further enlargement may be necessary to take account of future technological developments. The home page of the WTO Information Technology Agreement allows U.S. exporters of computer products to get more details about the agreement. You can also visit the following websites, for more information on ITA: Chart 2 Expansion ITA: estimate of the value of trade covered by the agreement, 2011-2013 After 17 rounds of negotiations, negotiators agreed on Saturday, July 18, 2015, just before an agreement on a list of products for the extension of the ITA, as well as a draft declaration defining the implementation of the agreement , an agreement. The Information Technology Agreement (ITA) is a multi-lateral agreement implemented by the World Trade Organization (WTO) and concluded in 1996 in the Ministerial Declaration on Trade in It-Tech Products, which came into force on 1 July 1997. Since 1997, an official WTO committee has overseed the following declaration and its implementation.

[2] The agreement was extended in 2015. [3] The ITA covers a large number of high-tech products, including computers, telecommunications equipment, semiconductors, semiconductor manufacturing and control equipment, software, scientific instruments and most parts and accessories of these products. The aim of the treaty is to reduce all taxes and tariffs on information technology products by the signatories to zero. [2] This agreement may benefit any company wishing to export one of the computer products covered in the agreement to one of the signatory states. The removal of tariffs leads to lower transaction costs, better market access, increased sales and increased export revenues.

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