Wto Agreement On Trade In Services

The GATS provides for „special treatment“ for least developed countries (DDCs). This has been pursued, inter alia, through a waiver to allow preferential treatment for LDC services exporters. The interests of developing countries have inspired both the general structure of the agreement and the individual articles. In particular, the objective of facilitating the increasing participation of developing countries in trade in services was enshrined in the preamble to the Agreement and underpins the provisions of Article IV. This Article requires, inter alia, Members to negotiate specific commitments relating to the strengthening of the domestic service capacities of developing countries; improving developing countries` access to distribution channels and information networks; and liberalization of market access in areas of export interest to those countries. The conferences are based on the suggestions of the participants. The TISA aims to open markets and improve rules in areas such as licensing, financial services, telecommunications, e-commerce, shipping and professionals who temporarily travel abroad to provide services. All services are covered by the GATS, with the exception of those provided by governments on a non-commercial basis (e.g. B central banks or social security). The GATS applies not only to the cross-border supply of services to consumers from other countries, but also to the supply of services in countries by foreign suppliers. Article I defines trade in services in terms of four different types of supply: By opening up trade in services, we also hope that the TISA negotiations will help revive the deadlocked multilateral negotiations – the Doha Development Round or DDA – under the aegis of the World Trade Organization. All members of the World Trade Organization (WTO) are signatories to the GATS and must assume the obligations arising from it.

For the same reason, they undertake, in accordance with Article XIX of the GATS, to enter into subsequent rounds of negotiations on trade liberalization. The first round of this kind began in January 2000 and was quickly integrated into the broader context of the Doha Development Agenda (DDA). The commitments contained in the GATS can be divided into two broad groups: general obligations that apply to all members and services sectors, and obligations that apply only to sectors listed in a member`s schedule of commitments. These obligations are set out in individual annexes, the scope of which may vary considerably from one Member to another. The relevant terms and concepts are similar, but not necessarily identical, to those used in the GATT; For example, internal treatment is a general obligation in trade in goods and is not negotiable as under the GATS. While the overall objective of the GATS is to eliminate barriers to trade, Members are free to choose which sectors should be progressively „liberalized“ (i.e. traded and privatized); what type of procurement would apply to a particular sector; and to what extent this „liberalization“ will take place over a certain period of time. Members` obligations are subject to a ratchet effect: obligations are unilateral and cannot be cancelled after their completion. The reason for this rule is to create a stable business climate (i.e. a market). However, Article XXI allows members to withdraw their commitments and, so far, two members have made use of this option (US and EU). .