THE International Chamber of Commerce (ICC) has called for duty-free
treatment to all information and communication technology (ICT) products under
the Information Technology
In a policy statement, ICC “recommends that
all information and communication technology products enjoy duty-free treatment
according to the broadest possible definition that may include, but not be
limited to, the OECD definition, which states: ICT goods are those that are
either intended to fulfill the function of information processing and
communication by electronic means, including transmission and display, or which
use electronic processing to detect, measure and/or record physical phenomena,
or to control a physical process.”
ICC has also urged ITA signatories to
accelerate talks on the expansion of the ITA’s product coverage. “Given the key
role the IT sector plays in driving global growth and the reality of our
economic uncertainty, such talks should start immediately. Expansion of the ITA
will play a very important role in stimulating the world economy. ICC also
recognizes the unique characteristics of ITA as a stand-alone WTO agreement,
enabled by the strong support from the global IT/ICT industry. These
characteristics should be safeguarded in any expansion negotiation of the ITA,”
it adds.
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