Agreement on Trade-Related Investment Measures

The Agreement on Trade-Related Investment Measures (TRIMs) is an international rule that aims to make global trade fair and predictable by restricting countries from using certain investment policies that can unfairly favor domestic businesses over foreign ones. Specifically, TRIMs prohibits practices like requiring foreign companies to buy local goods or limiting how much they can export or import. By setting these rules, TRIMs helps create a level playing field for international trade, encouraging investment and economic growth while ensuring countries do not use such measures as hidden trade barriers.