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The Agreement on Technical Barriers to Trade, commonly referred to as the TBT Agreement, is an international treaty administered by the World Trade Organization.It was last renegotiated during the Uruguay Round of the General Agreement on Tariffs and Trade, with its present form entering into force with the establishment of the WTO at the beginning of 1995, binding on all WTO members.
Technical barriers to trade (TBTs), a category of nontariff barriers to trade, are the widely divergent measures that countries use to regulate markets, protect their consumers, or preserve their natural resources (among other objectives), but they also can be used (or perceived by foreign countries) to discriminate against imports in order to protect domestic industries.
Non-tariff barriers to trade (NTBs; also called non-tariff measures, NTMs) are trade barriers that restrict imports or exports of goods or services through mechanisms other than the simple imposition of tariffs. Such barriers are subject to controversy and debate, as they may comply with international rules on trade yet serve protectionist ...
The SPS agreement is closely linked to the Agreement on Technical Barriers to Trade, which was signed in the same year and has similar goals. The TBT Emerged from the Tokyo Round of WTO negotiations and was negotiated with the aim of ensuring non-discrimination in the adoption and implementation of technical regulations and standards. [3]
The three main areas of the agreement are trade facilitation, sanitary and phytosanitary (SPS) measures, and technical barriers to trade (TBT). These areas focus on improving trade between the two entities and also improving infrastructure of the African nations as seen through the United States' desire to trade more with the rest of the ...
Rules on non-tariff barriers are set out in a number of GATT provisions (e.g., Article VIII on Fees and Formalities Connected with Importation and Exportation) and several specific WTO agreements, particularly the Agreement on Technical Barriers to Trade (the “TBT Agreement”) [7] and the Agreement on the Application of Sanitary and ...
NEW DELHI (Reuters) -India and the United States on Monday committed to action to address barriers to bilateral strategic trade, technology and industrial cooperation. The commitment was made at a ...
The European Union–Mercosur free trade agreement is a proposed free trade agreement on which ... (SPS), Technical Barriers to Trade (TBT), Services and Investment ...