Advocacy -  IT Product Safety Regulations and their Impact on the Ease of Doing Business
 IT Product Safety Regulations and their Impact on the Ease of Doing Business
ITI's 2017 Global Benchmark Report, IT Product Safety Regulations and their Impact on the Ease of Doing Business, assesses the regulatory practices of 44 governments and the European Union (EU) and their impact on the ease of doing business for IT companies in these markets. The report names the EU as a top performer.
The report scores countries based on criteria drawn from the World Trade Organization’s Agreement on Technical Barriers to Trade, which governs the process by which countries enact technical regulations relating to IT equipment and other products. In addition to assessing markets, the report recommends positive steps governments can take to identify, reduce, and prevent impediments to doing business and improve their rankings. Highlights of the study included the following:
- Within the group of countries that have product safety requirements for a broad range of IT equipment, the median score for ease of doing business was 22 out of a perfect score of 30.
- India ranked last with a total score of 7 due to onerous requirements from its Compulsory Registration Order.
- Based on its Low Voltage Directive regulatory model for product safety, the EU received one of the highest scores of 28.
- Most countries with broad requirements, including the United States, Canada, Mexico, Russia, South Korea, and China, were ranked between 20 and 24 out of 30, with Argentina at 17 and South Africa at 15.