Hong Kong, China (HKC) is a signatory to the World Trade Organization (WTO) Information Technology Agreement (ITA) concluded in December 1996. Under the ITA, signatories shall reduce their tariffs on specified information technology-related products1 originating from all WTO Members (including non-signatories) to zero. Over 80 WTO Members are Participants to the ITA. These Participants accounted for approximately 97% of world trade in ITA products.
The Expansion of Trade in Information Technology Products (ITA Expansion) was announced by some ITA Participants including HKC in December 2015 to liberalise trade on IT products beyond the original ITA. The ITA Expansion covers tariff elimination on 201 additional IT products2. According to the WTO, annual trade of these products is estimated at US$1.3 trillion.
Please visit the WTO website for further information about the ITA, including its Participants and product coverage.