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AGREEMENT ON TRADE-RELATED INVESTMENT MEASURES
Members,
Considering that Ministers agreed in the Punta del Este Declaration that "Following an
examination of the operation of GATT Articles related to the trade restrictive and distorting effects
of investment measures, negotiations should elaborate, as appropriate, further provisions that may be
necessary to avoid such adverse effects on trade";
Desiring to promote the expansion and progressive liberalisation of world trade and to facilitate
investment across international frontiers so as to increase the economic growth of all trading partners,
particularly developing country Members, while ensuring petition;
Taking into account the particular trade, development and financial needs of developing country
Members, particularly those of the least-developed country Members;
Recognizing that certain investment measures can cause trade-restrictive and distorting effects;
Hereby agree as follows:
Article 1
Coverage
This Agreement applies to investment measures related to trade in goods only (referred to in
this Agreement as "TRIMs").
Article 2
National Treatment and Quantitative Restrictions
1. Without prejudice to other rights and obligations under GATT 1994, no Member shall apply
any TRIM that is inconsistent with the provisions of Article III or Article XI of GATT 1994.
2. An illustrative l