Trade Agreement Act (Taa) Compliant

If you`re bringing materials from outside the U.S., knowing what`s TAA compliant will help you stay in check. In addition to knowing what is compliant, there are some things you should make sure you don`t run into problems: this article explains what the Trade Agreements Act is, what it means for a product to be TAA compliant, and why TAA compliance is important for any company looking to cooperate with the government on GSA schedules. The second of these statutes is the TAA. The TAA was designed to encourage foreign countries to enter into reciprocal trade agreements on government procurement. These agreements prohibit foreign countries from discriminating against products made in America and prohibit the United States from discriminating against products of foreign origin. Under the Statute, countries that have such agreements and do not discriminate against products made in the United States are allowed to compete with the United States. Therefore, in accordance with the TAA and its rules of application in the FAR, the VA wrongly found that the demonstrator`s entecavir did not comply with the TAA and its regulatory implementation in the FAR. Since TAA compliance is essential to maintaining any GSA-Schedule contracts you may have, you should always ensure that your products comply with the requirements of the Trade Agreements Act for the duration of the performance of the contract. Here is a short checklist to follow to ensure the taa suitability of your goods: if a product originates in a given country, it is considered “TAA compliant”. This means that you can sell this product legally as part of your GSA Schedule contract. .