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NewsWhore
07-07-2006, 04:37 PM
The Dominican Republic became on 7 July the 68th member of the World Trade Organization's Information Technology Agreement (ITA). Participation in the ITA is good news for consumers because it means that the country must eliminate tariffs and all other duties and charges on covered IT imports from all WTO members.


The other ITA participants in the Americas are: Canada, the United States, Costa Rica, El Salvador, Nicaragua and Panama.


This WTO agreement seeks to help push the information technology revolution forward.


From the 29 participants that negotiated the ITA during WTO's First Ministerial Conference in Singapore in December 1996, membership has now risen to 68 that account for more than 97% of world trade in IT products.


For more information on the ITA, see http://www.wto.org/english/tratop_e/... (http://www.wto.org/english/tratop_e/inftec_e/inftec_e.htm)

Link To Original Article (http://www.dr1.com/index.html#2)