Revised GPA: Entry into
Force Expected in Early 2014 with 2/3rd Ratification
Sources
say that the revised Government Procurement Agreement,
or GPA - an outcome of the WTO’s last ministerial conference in Geneva in 2011
- is now likely to enter into force during the first quarter of 2014. Members
of the Government Procurement Committee, which is tasked with administering the
agreement, had previously hoped to bring the new version of the pact into force
in time for the Bali conference.
The agreement - also a WTO plurilateral
- commits members to certain core disciplines regarding transparency,
competition, and good governance, covering the procurement of goods, services,
and capital infrastructure by public authorities.
To date, the committee has received instruments of
ratification from Canada, Liechtenstein, Norway, and Chinese Taipei. While the
EU, US, Korea, and Hong Kong are also expected to ratify the pact in time for Bali, that number will still fall just short of the
two-thirds “critical” mass needed to bring the deal into force.
Even though GPA members will not be able to announce the
deal’s ratification in time for the ministerial conference, sources have
confirmed that a ministerial-level meeting of the Government Procurement
Committee will indeed take place in Bali. At that time, any new accessions to
the plurilateral pact will be announced, and
participants will also provide an update on ratification procedures and plans
for the committee’s future work.