The WTO's revised General Procurement Agreement (GPA) covers government purchasing of goods, services, and construction work valued at US$1.7 trillion annually. The most serious threat to the aim and purpose of the GPA are "buy national" policies, which act as barriers to trade, potentially limiting the rights of foreign suppliers to bid on contracts they are interested in.
[This news item is a product of Bridges News, a leading source of objective and timely information on trade and sustainable development.]
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Regions: EUROPEAN UNION (EU)