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.  The agreement was extended in 2015.  The Information Technology Agreement (ITA) is a World Trade Organization (WTO) agreement that came into force in 1997. By becoming a party to the agreement, a country commits to tying and removing tariffs on covered goods (for example. B personal computers, computer monitors, computer printers, semiconductors, telecommunications equipment). To date, 70 countries have joined ITA, representing more than 97% of world trade in the high-tech sector. The Information Technology Agreement is a multi-lateral agreement to remove tariffs on certain information and communication technology (ICT) products. ITA covers a wide range of ICT products, including computers and computer devices, electronic components such as semiconductors, computer software, telecommunications equipment, semiconductor manufacturing equipment and computerized analysis tools. To date, 82 WTO members are members of it, representing 97% of the world`s trade in ICT products.
The United States and more than 50 WTO members reached an agreement to expand the list of ICT products subject to tariff abolition in 2015. This agreement, called “ITA enlargement,” builds on the 1996 ITA and requires the parties to phase out hundreds of tariffs on additional ict products. The expansion of the ITA requires the removal of tariffs on a list of 201 products, including advanced semiconductors, high-tech medical devices, global positioning systems, software media, video game consoles and high-tech ict testing tools. As part of the expansion of the ITA, more than $180 billion in U.S. technology exports will no longer face tariffs on key markets around the world. The ITA is an important example of the success of the international trade agreement – it has expanded access to computer products that fuel the global economy, lowered prices for businesses and consumers, and enabled innovation and digitization worldwide. Its impact is of concern both to the global information and information technology TECHNOLOGY companies that are members of CCI and to the broader business community, represented by CCI, which benefits from the free trade of these products. Therefore, the ICC opposes all efforts to dissolve the ITA, either in spirit or in the letter, and to undermine the benefits it has brought. Decisions by WTO bodies on the Information Technology Agreement are available in the WTO`s Analytical Indexes of Law and Practice Guide.
The ICC opposes all efforts to dissolve the ITA, both in spirit and in the letter, and to undermine the benefits it has brought. In this context, ICC makes the following recommendations: You can perform more sophisticated searches using the “Online Documents” search function (opened in a new window) by defining several search criteria such as document code, full text search or document date. The Information Technology Agreement (ITA) was concluded by 29 participants at the Singapore Ministerial Conference in December 1996. Since then, the number of participants has increased to 82, or about 97% of the world`s trade in computer products. Participants pledged to eliminate the tariffs of the computer products covered by the agreement altogether.