together with World Standards Cooperation (WSC) partners ISO and IEC are
acknowledged as “the most important” of the 49 international standardizing
bodies in the World
Trade Report 2005, just published by the WTO (the World Trade
Organisation), in an analysis of “Trade, Standards and the WTO”.
report underlines the important benefits that standards can deliver in terms of
information for consumers, environmental protection and compatibility of
related goods and services.
standards help ensure technical compatibility across countries and convey
information to consumers about products that have been produced abroad or
processes that took place in another country,” the report states, adding,
“International standards thus reduce transaction costs and facilitate