Minimum Access Tariff Quotas

Minimum access tariff quotas in Global Commerce Policy

In this regard, minimum access tariff quotas is: a mechanism giving a minimum level of access opportunities for agricultural products where non-tariff measures have been converted into tariffs. The Uruguay Round negotiations led to a formula whereby the level of access to be opened for a certain product was based on the import/consumption ratio during the 1986-88 base period. The entries on trade policy are here. In countries where imports were less than 3% of consumption during the base period, access was to be increased immediately to 3% and expanded to 5% by the end of the Uruguay Round implementation period for agriculture commitments. See also Agreement on Agriculture, current access tariff quotas and tariffication.[1]

Minimum access tariff quotasin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Minimum access tariff quotas” entry (OAS)

See Also