Semiconductor Trade Arrangement in the United States
Semiconductor Trade Arrangement (sta) in the International Business Landscape
Definition of Semiconductor Trade Arrangement (sta) in the context of U.S. international business and public trade policy: Bilateral agreement between the United States and Japan on foreign access to the Japanese semiconductor market and dumping by Japanese companies in the United States and third-country semiconductor markets. The STA, which went into effect in 1986 and was extended in 1991, is important in its use of numerical targets. The 1991 agreement set an explicit market share of 20 percent for foreign suppliers in the Japanese market by the end of 1992.
Leave a Reply