mutual recognition agreements

Mutual recognition agreements (MRAs) are arrangements between countries or regions that allow each to accept the other's standards, certifications, or regulatory processes for specific products or services. This means if a product is approved in one country, it can be recognized as compliant in another, reducing barriers to trade. MRAs streamline processes, save time and costs for businesses, and help promote international trade by ensuring that products meet safety and quality standards without requiring duplicate testing or certification. They are commonly used in areas like pharmaceuticals, engineering, and professional qualifications.