WTO members reach landmark $1.3 trillion IT products trade deal

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WTO members representing major exporters of information technology products agreed on 24 July 2015 to eliminate tariffs on more than 200 such products. In a meeting  at the WTO headquarters in Geneva, a tentative accord reached by 54 WTO members on 18 July was confirmed as the basis for implementation work to begin. Ministers from the participating members will now work to conclude their implementation plans in time for the WTO’s 10th Ministerial Conference which will be held in Nairobi this December. “Today’s agreement is a landmark,” said WTO Director-General Roberto Azevêdo.…

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