Information Technology Agreement-II - Does India need it?Information Technology Agreement • October 21st, 2022
Contract Type FiledOctober 21st, 2022less than a period of two years, the WTO is all set to witness finalization of another major agreement within the Member countries. After the Trade Facilitation Agreement which was inked in December 2013 and adopted on 21-11-2014, the expansion of Information Technology Agreement (ITA) is in sight. The ITA-II, as it is popularly known,would include about 200 more products on which the participant countries would gradually eliminate import duties. 54 Member countries which are presently participating in the new Agreement have on 24-7-2015 confirmed the tentative accord reached between them earlier. The Agreement is expected to be signed most probably in the December 2015 Ministerial meeting of the WTO Members in Nairobi.