Global Technical Barrier-Free Trade Agreement
Recently, the agreement of the World Elevator Federation to maintain a Global Technical Barrier-Free Trade Agreement (GTBFT) was updated to include the signature of the National Lift Union of Russia. In this agreement, which NEII has signed as well, global leaders in the industry formally committed to a common line of actions to achieve Global Technical Barrier-Free Trade in the framework as defined by the World Trade Organization for the benefit of consumers, the industry and ensuring sustainable development.
The objective of the agreement is to promote and improve safety, facilitate technological innovation and the free movement of goods worldwide. Worldwide acceptance of the International Organization of Standardization (ISO) prescriptive standards is also a part of the agreement that will lead to a simple and efficient global approach for building transportation equipment that can be used by all manufacturers and installers.
Click here to view the signed agreement.