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Topical Terminology > Orderly Marketing Agreements (Omas)



1 Definition

Orderly Marketing Agreements (OMAs)

For Orderly Marketing Agreements (OMAs) we have a term and definition in Customs.



Orderly Marketing Agreements (Omas) (Customs)

International compacts negotiated between two or more governments, in which the trading partners agree to restrain the growth of trade in specified "sensitive" products, usually through the imposition of export quotas. Orderly marketing agreements are intended to ensure that future trade increases will not disrupt, threaten or impair competitive industries or their workers in importing countries.
See also: Export Quotas, Market Disruption, Sensitive Products, Voluntary Restraint Agreements,


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