Indonesia, Vietnam Should Join Expanded Information Technology Agreement

In 1996, 29 members of the World Trade Organization (WTO) signed the ITA under which they pledged to abolish tariffs on eight different ICT categories including computers, semiconductors, and telecommunications equipment. Since that time, ITA membership has grown to 78, with the most recent member b...

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Bibliographic Details
Published in:Policy File 2013
Main Author: Hiebert, Murray
Format: Report
Language:English
Subjects:
Center for Strategic and International Studies
International trade
Online Access:Request full text
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Summary:In 1996, 29 members of the World Trade Organization (WTO) signed the ITA under which they pledged to abolish tariffs on eight different ICT categories including computers, semiconductors, and telecommunications equipment. Since that time, ITA membership has grown to 78, with the most recent member being Russia, which joined last week. In the first dozen years of the ITA, global trade in ICT products covered by the agreement rose more than 10 percent each year, reaching $4 trillion in 2008, up from $1.2 trillion in 1996.