In addition to inciting consumer purchasing power by encouraging confidence in products, the act of setting forth a uniform set of standards that must be met by all product manufacturers has a far reaching effect on the arena of international trade.
One of the most noticeable benefits is that by encouraging all relevant nations to follow specific procedures, potential barriers of international trade can be lessened or removed entirely.
The World Trade Organisation established an agreement on technical barriers to trade. The purpose of such an agreement was to ensure that the process of ensuring that international trade is not hampered when conformity assessment procedures are followed. In fact, the World Trade Organisation has a strong belief that one of the main things that restricts the free flow of international goods and services is technical barriers, which is one of the main reasons why the above agreement was established.
Under the agreement, it is implied that a product’s reliability and competence can be best measured by testing the product against those specific things that are examined during the conformity assessment testing procedures.
The International Standardisation Organisation (ISO) works alongside the World Trade Organisation (WTO) to ensure that conformity assessment standards are followed by all applicable countries in a way that facilitates trade and does so in a way that is economically and efficiently feasible.
The main goal and focus here is to ensure that products are allowed to enter a market that is as free of obstacles as possible. By that same token however, it is important that such goods and services agree to comply with the standards testing afforded by conformity assessment procedures. By making this pledge, manufacturers of products within many countries are agreeing to stand behind the quality and workmanship of their products, allowing for a greater amount of consumer confidence and satisfaction.