TRIMs accord

E411061

The TRIMs accord is a World Trade Organization agreement that restricts the use of certain investment measures—such as local content requirements—that are considered inconsistent with free trade principles.

All labels observed (2)

Label Occurrences
TRIMs Agreement 3
TRIMs accord canonical 1

How this entity was disambiguated

Statements (41)

Predicate Object
instanceOf World Trade Organization agreement ⓘ
international trade agreement ⓘ
abbreviation TRIMs ⓘ
addresses trade-related aspects of investment policy ⓘ
administeredBy World Trade Organization ⓘ
aimsToPrevent discrimination against imported products through investment measures ⓘ
trade distortions caused by investment performance requirements ⓘ
appliesTo all WTO members ⓘ
basedOn GATT 1994 ⓘ
General Agreement on Tariffs and Trade ⓘ
bindingOn governments of WTO member states ⓘ
contains Illustrative List of TRIMs inconsistent with GATT ⓘ
doesNotCover intellectual property rights ⓘ
trade in services ⓘ
enteredIntoForce 1995 ⓘ
entryIntoForceContext came into force with the establishment of the WTO in 1995 ⓘ
focusesOn consistency of investment measures with free trade principles ⓘ
fullName Agreement on Trade-Related Investment Measures ⓘ
keyPrinciple elimination of quantitative restrictions ⓘ
national treatment ⓘ
language English ⓘ
French ⓘ
Spanish ⓘ
legalBasis Article III of GATT 1994 ⓘ
Article XI of GATT 1994 ⓘ
legalStatus multilateral treaty ⓘ
monitoredBy WTO Council for Trade in Goods ⓘ
negotiatedDuring Uruguay Round ⓘ
objective to ensure that investment measures are consistent with GATT principles ⓘ
to restrict the use of certain trade-related investment measures ⓘ
partOf WTO legal framework ⓘ
linked to: WTO agreements
prohibits export restrictions imposed through investment measures ⓘ
foreign exchange restrictions linked to foreign exchange inflows ⓘ
local content requirements that are inconsistent with national treatment ⓘ
trade-balancing requirements related to imports or exports ⓘ
relatedTo Agreement on Trade-Related Aspects of Intellectual Property Rights ⓘ
General Agreement on Trade in Services ⓘ
requires elimination of inconsistent TRIMs within a transition period ⓘ
notification of existing inconsistent TRIMs by WTO members ⓘ
scope investment measures related to trade in goods ⓘ
typeOfRestriction performance requirement on investors ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Canada – Certain Measures Affecting the Automotive Industry → abbreviation → TRIMs Agreement ⓘ
linked to: TRIMs accord
China – Measures Affecting Imports of Automobile Parts → WTOAgreementInvoked → TRIMs Agreement ⓘ
linked to: TRIMs accord
TRIMs Committee → associatedAgreement → TRIMs Agreement ⓘ
linked to: TRIMs accord