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 2
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 via the Uruguay Round Agreements
surface form: 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
surface form: 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 (1986–1994)
surface form: 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 agreements
surface form: WTO legal framework
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 (3)

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

Canada – Certain Measures Affecting the Automotive Industry abbreviation TRIMs accord
this entity surface form: TRIMs Agreement
China – Measures Affecting Imports of Automobile Parts WTOAgreementInvoked TRIMs accord
this entity surface form: TRIMs Agreement