These rules would hold that, since provision of a service may require an in-country presence (as contrasted to goods, which can always be shipped), foreign service corporations must be permitted to invest and open shop in GATS
Prior to the GATS
, any country could restrict access to its markets for foreign services suppliers in any way it wished.
vii) The requirements concerning registered capital and operating term for foreign-invested wholesalers, including service suppliers of other Members, respectively contained in paragraphs 4 and 5 of Article 7 of the Publications Sub-Distribution Rule are inconsistent with China's national treatment commitments under Article XVII of the GATS
dispute mechanism should a service trade dispute arise.
began by urging member states to liberalize trade in legal services in accordance with the treaty, as well as to liberalize the restrictions and regulations surrounding licensing of services more generally.
That history, together with the leaked EU proposals for GATS
, provides plenty of warning that the Europeans will use all of their weight in the WTO to attack state and local laws that impede their penetration of our markets.
Here Doreen Conrad, Head of the Trade in Services Unit at ITC, answers some commonly asked questions about the role of the services sector in the WTO GATS
Speaking during the Parliament's debate, Mr Lamy said the EU had three aims in the GATS
talks: to ensure other markets were opened; to defend the European model (including public services); and to help developing countries integrate into the world economy.
The complex GATS
negotiation process involves countries asking others to subject specific parts of their service economy to GATS
rules; and then a negotiation over what the requested country is willing to offer.
I was the principal drafter of the IBA GATS
Handbook, which is based in large part on my Vanderbilt article.
, which was established in 1994 when the WTO went into effect, is the multilateral framework of principles and rules for trade in services among WTO members.
aims to dramatically expand the ability of multinational corporations to provide services on a for-profit basis and creates a new regulatory framework for trade in services.
Servoz said consensus was achieved that there is a need for a "comprehensive agenda" for the GATS
negotiations, namely that no sectors any party wishes to bring to the table for negotiation should be excluded.
in response to its withdrawal in WTO of GATS
commitments on gambling and betting services, including on-line gambling.
Coverage includes the overarching issues in the trade in services and goods debate, and how certain GATS
principles should be applied; the interaction between the principles of trade liberalization and the economic benefits they bring, and the role of regulation in promoting efficient provision of services; WTO dispute resolution and the GATS
; the application of the GATS
to the financial services sector and some of the conceptual and practical issues confronting policy makers and practitioners; and GATS
and trade in cultural services.