What Is Trade Agreement Act

To truly understand what it means to be TAA compliant and to ensure that it is you, it is important that as the MAS contract holder, you understand the 10 Winvale strategies described below: The Trade Agreements Act of 1979 (TAA), Pub.L. 96-39, 93 Stat. 144, adopted on July 26, 1979, codified on July 19. C ch. 13 (19 U.S.C No. 2501-2581), is a law of Congress that governs trade agreements between the United States and other countries under the Trade Act of 1974. It outlined the modalities for the implementation of the Tokyo round of the General Agreement on Tariffs and Trade. The Trade Agreements Act (19 U.S.C. – 2501-2581) of 1979 was passed to promote fair and open international trade, but more importantly, it implemented the requirement that the U.S. government only buy finished manufactured products or certain finished products. This means, in particular, that, under a MAS program, GSA can only purchase products that are compliant in the United States and/or compliant with the TAA.

This requirement has always baffled many MAS contract holders as to their actual meaning. The TAA generally prohibits the purchase of “foreign or instrumental products” that are not parties to the WTO agreement or that are “designated” by the President for the purposes of the TAA. 19 U.S.C No. 2512 (a) (1). The TAA country of origin test defines “a product of a country” as: the second of these statutes is taA. The TAA should encourage foreign countries to enter into reciprocal trade agreements on public procurement. These agreements prohibit foreign products from discriminating against U.S.-made products and prohibit the United States from discriminating against foreign products. Under the statute, countries that have such agreements and do not discriminate against U.S. educational products may, on non-discriminatory terms, be competing with the U.S. government.

At the same time, products from countries that do not have such trade agreements are excluded from public procurement. Countries that have concluded such agreements are designated as parties to the World Trade Organization (WTO) agreement. … The list below was extracted from the Federal Acquisition Regulation (FAR) and was last updated in November 2016 with the inclusion of Moldova and Ukraine and is up to date from June 2020.

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