The World Trade Organization (WTO) Public Procurement Agreement, commonly known as the GPA, establishes a framework for public procurement rights and obligations among WTO members who have signed it. The signatories agreed that suppliers of goods and services in other signatory countries would not be treated less favourably than domestic suppliers when covered by the agreement and that their public procurement laws, rules and procedures would be transparent and fair. Many buying opportunities are also published electronically. The WTO secretariat provides technical assistance to help WTO members from developing countries who wish to learn more about the GPA and/or GPA. If so, and desired by the candidate countries, other intergovernmental organizations (for example. B regional development banks) or governance institutions may also provide technical assistance for GPA membership. GPA membership is limited to WTO members who have specifically signed or subsequently joined the GPA. WTO members are not required to join the GPA, but the United States urges all WTO members to participate in this important agreement. Several countries, including China, Russia and the Kyrgyz Republic, are negotiating GPA membership. Any company in a signatory country wishing to sell GPA goods or services to a purchasing entity in another signatory country, which is listed in Schedule I of the GPA, may benefit from this agreement. The World Trade Organization estimates the value of the public procurement opportunities covered by the agreement at several hundred billion dollars a year. The agreement was revised in March 2012 and contracting frameworks were expanded.
It came into force on April 6, 2014, after reaching the two-thirds acceptance threshold of the parties on March 7, 2014. There is no expiration date. The Public Procurement Agreement (GPA) is a multi-lateral agreement, under the auspices of the World Trade Organization (WTO), which governs the purchase of goods and services by the public authorities of the contracting parties, based on the principles of openness, transparency and non-discrimination.