The WTO Public Procurement Agreement is a “multilateral” agreement that means it applies to a number of WTO members, but not all members. The full text of the WTO Public Procurement Agreement is available in the Office of Trade Agreements and Compliance of Compliance database. The GPA contains a number of provisions to ensure that tendering procedures for public procurement are transparent, effective and fair in the signatory countries. The signatories agreed on this point: the text of the agreement contains rules that impose the guarantee of open, fair and transparent conditions of competition for public procurement. However, these rules do not automatically apply to all purchasing activities of each party. On the contrary, hedging schedules play a key role in determining whether or not a buying activity is covered by the agreement. Only purchase activities carried out by listed companies that purchase goods, services or listed works above the specified thresholds are covered by the agreement. These calendars are open to the public. Considering the importance of implementing transparent measures on public procurement, transparency and impartiality of procurement and the prevention of conflicts of interest and corruption, in accordance with existing international instruments, such as the United Nations Convention against Corruption, The Revised GPA, which came into force on 6 April 2014, is attracting increasing attention around the world , but the liberalisation of public procurement is not a completely new idea. Within the OECD, efforts have been made at an early stage to ensure that public procurement is subject to internationally accepted trade rules. The case was then included in the Tokyo trade negotiations under the GATT in 1976. Considering that the integrity and predictability of procurement systems are essential to the efficient and effective management of public funds, the efficiency of the parties` economies and the functioning of the multilateral trading system; The MPA applies to purchases by any contractual means, including purchase, lease or lease with or without an option to purchase.
It applies to companies that each signatory country has listed in Schedule I (link offsite) of the agreement. Appendix I of Schedule I is the list of entities covered by headquarters, Schedule 2 of central government entities and Schedule 3 of the other entities. When a undersigned government feels that its rights under this agreement are nullified or compromised by another signatory, it may request the initiation of WTO dispute settlement procedures to resolve the issue. The WTO dispute settlement procedure is described in the exporter`s guide to the WTO dispute settlement agreement.