Trade Agreement Act Countries

The Trade Agreements Act 1979 (TAA), Pub.L. 96-39, 93 Stat. 144, promulgated July 26, 1979, codified as 19 U.S.C ch. 13 (19 U.S.C§ 2501-2581), is an act of Congress that regulates trade agreements negotiated between the United States and other countries under the Trade Act of 1974. It provided modalities for the implementation of the Tokyo Round of the General Agreement on Tariffs and Trade. The second of these statutes is the TAA. The TAA was designed to encourage foreign countries to enter into reciprocal trade agreements on government procurement. These agreements prohibit foreign countries from discriminating against products made in America and prohibit the United States from discriminating against products of foreign origin. By law, countries that have such agreements and do not discriminate against products made in the United States can compete with non-discriminatory conditions to obtain a U.S. government.

At the same time, products from countries that have not concluded such trade agreements are excluded from government procurement. Countries that have concluded such agreements are designated as parties to the World Trade Organization (“WTO”) agreement. . GSA-Schedule contracts are subject to the Trade Agreements Act (TAA), which means that all products listed in the GSA-Schedule contract must be manufactured or “substantially converted” in the United States or a “designated country” of the TAA. The designated countries are composed: the TAA generally prohibits the acquisition of “products of a foreign country or other instrument” that is not a party to the WTO Agreement or that has been “designated” by the President for the purposes of the TAA. 19 U.S.C§ 2512 (a) (1).

Comments are closed.

female viagra