- The text states that TRIMS prohibits quantitative restrictions on imports by foreign investors.
- It also states that TRIMS are not concerned with the regulation of foreign investment.
- The question asks “What is TRIMS?”, implying a definition.
- TRIMS is an agreement under WTO based on the belief that there is a strong connection between trade and investment.
- It aims to ensure fair treatment of investment in all member countries.
- It prohibits investment measures that restrict and distort trade.