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Agreement on Trade Related Aspects of Investment Measures Back to top The agreement recognizes that certain investment measures restrict and distort trade. To this end, an illustrative list of TRIMs agreed to be inconsistent with these articles is appended to the agreement. The list includes measures which require particular levels of local procurement by an enterprise "local content requirements" or which restrict the volume or value of imports such an enterprise can purchase or use to an amount related to the level of products it exports "trade balancing requirements". The agreement requires mandatory notification of all non-conforming TRIMs and their elimination within two years for developed countries, within five years for developing countries and within seven years for least-developed countries.

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