NON-TARIFF MEASURE (NTM)

What is NTM?

Non-tariff measures (NTMs) are policy measures, other than ordinary customs tariffs, that can potentially have an economic effect on international trade in goods, changing quantities traded, or prices or both (UNCTAD, 2010). NTM is not the same as non-tariff barrier (NTB) as NTBs are policy measures that surely affect quantity traded and prices and have proven discriminatory effects against foreign firms

Policy-makers, particularly in developing countries are interested in NTMs as these measures can also be driven by protectionist intentions with important discriminatory and restrictive effects for developing countries’ exports.

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