Plurilateral Agreement on Trade in Civil Aircraft
- Type: Convention
- Date of signature: 12/04/1979
- Place of signature: Geneva, Switzerland
- Depositary: Director-General of the World Trade Organization (WTO)
- Date of entry into force: 01/01/1981
What is it about?
This agreement is one of the two plurilateral agreements deposited with the Secretary-General of the World Trade Organization (the other one is the Government Procurement Agreement). The Agreement on Civil Aircraft was put in place to remove obstacles to trade in aircraft and their engines, parts, and components by eliminating customs duties and charges on importation and by providing that the aircraft trade would be subject to the provisions of both the Agreement on Technical Barriers to Trade and the Agreement on Subsidies and Countervailing Duties.
Why is it relevant?
The Agreement on Trade in Civil Aircraft is of major interest as it addresses the need for the freedom of trade in this specific field as civil aircraft. Since the field of Civil Aircraft has become an essential area for free exchange generalization, the suppression of trade barriers provided for in the agreement contributes in achieving this goal.
As a plurilateral Agreement, the Agreement on Trade in Civil Aircraft does not bind all WTO members.
- WTO Agreement
- The WTO Government Procurement Agreement (GPA)