The Information Technology Agreement is a multi-lateral agreement to remove tariffs on certain information and communication technology (ICT) products. ITA covers a wide range of ICT products, including computers and computer devices, electronic components such as semiconductors, computer software, telecommunications equipment, semiconductor manufacturing equipment and computerized analysis tools. To date, 82 WTO members are members of it, representing 97% of the world`s trade in ICT products. The WTO Information Technology Agreement (ITA), which removes information and communication technology (ICT) tariffs, was long revalued last year, when 24 participants representing 53 WTO members said they were ready to almost double the products contained in the agreement. Under the Information Technology Agreement, commonly known as ITA, participants removed all import duties on a wide range of computer products. Below is a list of current signatory countries, which account for about 95% of global trade in COMPUTER products, and a list of the few countries that have been allowed to delay their tariff reductions for a handful of products. After 17 rounds of negotiations, negotiators agreed on Saturday, July 18, 2015 on a list of products for the expansion of it, as well as a draft declaration defining the implementation of the agreement. Fifty-four WTO members participated in the negotiations to expand ITA coverage. Almost all participants confirmed their agreement on the product coverage list, which was finalized on July 24. Together, they account for about 90% of the world`s trade in the products proposed for inclusion in the product expansion. The agreement is open to all other members who wish to join. On July 1, 1997, Hong Kong, China implemented all ITA elimination commitments. On 10 October 2018, more than 80 WTO members participated in the ITA.
Their total trade in ITA-covered products accounted for about 96% of the world`s share.