The benefits of standards
World Trade Organization (WTO) economists have analyzed trading standards in a report which underlines the benefits standards can deliver in terms of information for consumers, environmental protection and compatibility of related goods and services.
The report observes that: ‘Increased standardization activity reflects, among other factors, demand by consumers for safer commerce and the increased concern paid by many governments and non-governmental organizations to social issues and the environment… Ideally an attestation of conformity with regulatory requirements should be carried out only once and in the most cost-effective manner and should be recognized in all markets. For this to become a reality, confidence in the work of conformity assessment bodies in other countries needs to be established through multilateral cooperation.’
For more information on standards visit www.iso.org
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