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Agreement on Government Procurement
(redirected from Agreements on Government Procurement)

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Agreement on Government Procurement
A treaty by members of the World Trade Organization mandating openness and transparency when signatory governments buy goods and services from foreign companies. It established a framework for signatories to follow in creating laws and regulations mandating this transparency. It came into effect in 1996.


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Nevertheless, there is no reason why the purchase of products in general use, for example uniforms and standard transport vehicles, should not be subjected to domestic competition according to normal procurement regulations, which is the case under the GATT and the WTO Agreements on Government Procurement.
 
 
 
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