AICTA stands for the Asia-Pacific Information and Communication Technology Agreement, a trade agreement aimed at promoting the development and growth of the information and communication technology (ICT) sector in the Asia-Pacific region.

Objectives of AICTA

The agreement was signed in November 2014 and is currently being negotiated by the World Trade Organization (WTO). The main objective of the agreement is to remove trade barriers and promote the free flow of ICT goods and services among the participating countries. This is expected to lead to increased trade, investment, and economic growth in the ICT sector.

Products covered

AICTA covers a wide range of ICT products and services, including telecommunications equipment, computers and computer components, software, and related services. The agreement is also expected to help increase access to ICT products and services in developing countries, thereby promoting economic and social development in the region.

It's important to note that the AICTA is still in the process of being negotiated and has not yet been implemented. The outcome of the negotiations and the exact terms of the agreement will be determined at a later date.

In summary, the Asia-Pacific Information and Communication Technology Agreement is a trade agreement aimed at promoting the development and growth of the ICT sector in the Asia-Pacific region by removing trade barriers and promoting the free flow of ICT goods and services among participating countries.