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Agreement On Trade In Services

Service associations in development and transformation economies can play an important role in helping their governments understand the role of services exports in economies. They must bear in mind that many Member States are challenged to stay abreast of all WTO issues, especially when they have only small delegations in Geneva. In addition, trade in services poses particular problems due to the lack of readily available trade statistics and background analysis. MFN Treatment: Article II of the GATS authorizes members to treat the service providers of all other members without delay and unconditionally, “a treatment that is no less favourable than that given to comparable service providers in another country.” In principle, this is a prohibition of preferential regimes between groups of members in certain sectors or reciprocity rules that limit access to the dense to trading partners who give similar treatment. Members are free to tailor the coverage of the sector and the content of these commitments as they see fit. Commitments therefore generally reflect the objectives and constraints of national policy as a whole and in different sectors. While some members have provided fewer than a handful of services, others have adopted market access and national processing disciplines in more than 120 services out of a total of 160. Discussions officially began in March 2013 and participants agreed on a basic text in September 2013. By the end of 2013, most participants had indicated which service markets they were ready to open and to what extent.

The promotion of a sophisticated range of financial aid specifically for the export of services, particularly for export development. The development of a joint private and public sector initiative to assess the effects (positive or negative) of trade liberalization in services. The creation of the GATS was one of the key principles of the Uruguay Round, the results of which came into force in January 1995. The GATS was essentially inspired by the same objectives as its merchandise trade counterpart, the General Agreement on Tariffs and Trade (GATT): the creation of a credible and reliable system of international trade rules; Ensure fair and equitable treatment of all participants (principle of non-discrimination); boosting economic activity through guaranteed political ties; Promoting trade and development through gradual liberalization.

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