The Traderszone Network

Published in TZ Latest News 19 July, 2015 by The TZ Newswire Staff

WTO negotiators agree tariff cuts on more IT products

World trade negotiators seeking to eliminate tariffs on information technology (IT) products agreed over the weekend to expand the list of items covered. Participants said the 54 nations had struck a tentative deal to expand to about 200 the IT products on which tariffs would be dropped. The list had an annual trade value of some $1 trillion, the World Trade Organization said late on Saturday.