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China drags out international talks on ICT tariffs |
November 20, 2013
International talks aimed at removing costly international tariffs on information technology will continue until Friday after China stalled negotiations again on Wednesday.More than 50 countries, representing 97 percent of the global IT trade, are involved in the talks in Geneva, aimed at extending The World Trade Organisation's Information Technology Agreement (ITA). The talks were due to finish on Wednesday.The ITA was established in 1996 to do away with import tariffs on certain ICT products in order to stimulate trade. However, many new devices are not covered by the ITA regime, hence the efforts to increase the list of items covered.About 250 products are at the center of the negotiations. China, however, has objected to 67 of these. By comparison, the European Union seeks to exclude a handful of products from the scope of the ITA, including televisions, the U.S. seeks to exclude just one item -- fiber optic cable -- and Japan doesn't want anything excluded.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2065420/china-drags-out-international-talks-on-ict-tariffs.html#tk.rss_all
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