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Expansion of Trade in Information Technology Products (ITA) Agreement

Summary

The European Parliament gives consent to an agreement expanding the Information Technology Agreement (ITA), which eliminates customs duties on 201 new IT products to boost exports and lower consumer prices.
10 18.06.2016
Other
trade
economy
industry
international relations
information technology and data processing

Key points

  • The agreement expands the scope of existing international trade rules for information technology products to reflect modern technological progress.
  • It introduces duty-free status for 201 new product categories, such as touch screens, telecommunications satellites, and advanced semiconductors.
  • A significant portion of the relevant tariffs is expected to be eliminated by July 2016.
  • The transition period for tariff elimination is designed to be gradual, with most imports becoming duty-free by 2019.
Documents (PDFs)
RECOMMENDATION on the draft Council decision on the conclusion, on behalf of the European Union, of an agreement in the form of the Declaration on the Expansion of Trade in Information Technology Products (ITA) Expansion of trade in Information Technology Products (ITA) ***
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