Zero-for-zero Tariff Reductions

Zero-for-zero tariff reductions in Global Commerce Policy

In this regard, zero-for-zero tariff reductions is: a request/offer system for the achievement of tariff reductions in which the parties involved aim at reducing tariffs to zero (i.e. The entries on trade policy are here. At eliminating tariffs) on a reciprocal basis in complete sectors, such as pharmaceuticals or wood products. The Information Technology Agreement is a recent example of this approach. See also requests and offers and sectoral trade negotiations.[1]

Zero-for-zero tariff reductionsin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Zero-for-zero tariff reductions” entry (OAS)

See Also