The Trade-Related Investment Measures Agreement (TRIMS) recognizes that certain investment measures can limit and distort trade. It says that WTO members should not apply measures that discriminate against foreign products or that result in quantitative restrictions, both of which are contrary to the fundamental principles of the WTO. A list of banned TRIMS, for example. B local content requirements, is part of the agreement. Recently, India has been dragged into the WTO by the United States because of the specification of the national content requirement for the purchase of solar cells and equipment. The most important was a fixed timetable for the dismantling of the Multifibre Agreement (AMF) on textile trade, enshrined in the Textile and Clothing Agreement (ATC) and the Agriculture Agreement (AOA). Look at each one after the other. As a result, the first Tokyo Round Code on Government Procurement was signed in 1979 and came into force in 1981. It was amended in 1987 and the amendment came into force in 1988. The parties to the agreement then negotiated the extension of the scope and scope of the agreement, in parallel with the Uruguay Round. Finally, on 15 April 1994, a new public procurement agreement (GPA 1994) was signed in Marrakech at the same time as the WTO agreement, which came into force on 1 January 1996. d.
Implementation issue: Developing countries say they have had difficulty implementing the agreements reached in the previous Uruguay Round due to limited capacity or lack of technical assistance. They also say that they did not understand some of the benefits they expected from the cycle, such as improving access to their textiles and clothing in markets in industrialized countries.B. They are trying to clarify the language with regard to their interests in existing agreements. The WTO has 164 members (including the European Union) and 23 observational governments (such as Iran, Iraq, Bhutan, Libya, etc.). Impact of the Reginal/Trans-Pacific Partnership (TPP) agreements on the WTO In June 2007, the Doha Round negotiations failed at a conference in Potsdam due to a major impasse between the United States, the EU, India and Brazil. The main problem has been the opening of agricultural and industrial markets in different countries and the question of how to reduce agricultural subsidies to rich countries. India`s subsidies have so far been below this limit, but they are growing steadily.