Government Procurement Agreement
World Trade Organization
Abstract
World Trade Organization
Abstract
Government procurement accounts for an average of 15 per cent or more of a country’s GDP. The WTO’s Agreement on Government Procurement covers government purchasing of goods, services and construction work valued at US$ 1.7 trillion annually. This brochure, produced to mark the WTO’s 20th anniversary, looks into how the Agreement came about and what it embodies.
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Government procurement accounts for an average of 15 per cent or more of a country’s GDP. The WTO’s Agreement on Government Procurement covers government purchasing of goods, services and construction work valued at US$ 1.7 trillion annually. This brochure, produced to mark the WTO’s 20th anniversary, looks into how the Agreement came about and what it embodies.
Key concepts: Government procurement, Procurement, Government (linguistics), Goods and services, Purchasing, Work (physics), Business, Framework agreement