Updated WTO Gov't Procurement Pact To Take Effect In April

Law360, New York (March 12, 2014, 3:14 PM EDT) -- Changes meant to modernize and expand an agreement on government procurement among some World Trade Organization members will take effect in April, about two years after the economies participating in the pact agreed to the revisions, the WTO said Wednesday.

A set of changes to the government procurement agreement — which has been signed onto by 15 WTO members, including the U.S., the European Union and Japan — had been adopted by the participating economies in March 2012, but required ratification by two-thirds of the countries...
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