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Q35 (IAS/1997) International Relations & Global Affairs › International Organisations & Groupings › International trade regimes Answer Verified

One of the important agreements reached in the 1996 Ministerial Conference of WTO relates to

Result
Your answer: —  ·  Correct: A
Explanation

The major agreement negotiated and launched at the WTO’s first Ministerial Conference in Singapore (December 1996) was the Information Technology Agreement (ITA), which aimed to liberalize and eliminate tariffs on a wide range of information technology products, thereby promoting commerce in IT goods [1]. The Singapore Ministerial also produced the Singapore Ministerial Declaration and set a work programme addressing several “new issues,” but the ITA stands out as a concrete, multilateral outcome directly linked to trade in information technology products from that conference [2]. Thus the option referring to commerce in information technology correctly identifies the important agreement associated with the 1996 Ministerial.

Sources

  1. [1] https://documents1.worldbank.org/curated/en/327061468002636383/pdf/337440Development0outreach0July2003.pdf
  2. [2] https://www.wto.org/english/res_e/focus_e/focus15_e.pdf
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