Trade Related Investment Measures (TRIMs) is an agreement under WTO that gives protection to foreign investment in host countries from discrimination.
TRIMs instruct that WTO members may not apply any measure that discriminates against foreign investment that violates basic WTO principles (like the MFN). WTO gives a list of prohibited investment measures or TRIMs like local content requirement, export obligation, technology transfer requirement etc. that violates trade. Few exemptions to developing countries are also provided under TRIMs. The Committee on TRIMs monitors the operation and implementation of the TRIMs Agreement and offers consultation for member countries.
Objective of TRIMs is to ensure fair treatment of investment in all member countries.
