China Agrees to Cut Tariffs on Imported Medical Devices
November 18, 2014 at 06:06 AM EST
At last week's G-20 summit in Beijing, the leaders of the world's largest economies signed a trade agreement to cut tariffs and duties on medical devices, a pact that would eliminate import taxes that can be as high as 8% in China. The new agreement extends an existing treaty, the World Trade Organization's Information Technology Agreement, to new industries, which now includes medical devices such as high-end imaging equipment along with non-medical additions such as computer software, GPS devices and semiconductors. More details.... Share this with colleagues: // //