Services Agreement Wto

Recognition If two (or more) governments have agreements that recognize each other`s qualifications (e.g. B licensing or certification of service providers), GATS states that other members should also have the opportunity to negotiate similar pacts. The recognition of qualifications from other countries must not be discriminatory and must not be reduced to disguised protectionism. These recognition agreements must be notified to the WTO. The commitments contained in the GATS can be divided into two broad groups: general obligations applicable to all members and services sectors and obligations that apply only to sectors on a member`s schedule of commitments. These obligations are set out in individual schedules, the scope of which can vary considerably from one member to another. The relevant terms and conditions are similar, but not necessarily identical to, those used in gatt; For example, domestic treatment is a general obligation in trade in goods and cannot be negotiated as under the GATS. Some activist groups believe that the GATS undermines the ability and authority of governments to regulate commercial activities within their own borders, with the effect of stealing power from commercial interests before the interests of citizens. In 2003, the GATSwatch network published a critical opinion supported by more than 500 organisations in 60 countries. [1] At the same time, countries are not required to conclude international agreements such as the GATS. For countries that like to attract trade and investment, the GATS adds a degree of transparency and legal predictability. Legal barriers to trade in services may have legitimate political reasons, but they can also be an effective instrument of large-scale corruption.

[2] Other documents relating to the final report as well as the Commission services` position paper on the various recommendations made by Ecorys are available on the websites of the Commercial ISS This definition defines virtually any public service as being “provided on a commercial basis” and already covers areas such as policing, the army, the prisons. the judiciary, public administration and government. In a relatively short perspective, this could open up to the privatization or commercialization of large areas and, possibly, to all public services that are today considered public services currently available to the entire population of a country as social demands, restructured, marketed, allocated to for-profit providers and ultimately fully privatized and made available only to them, Who can pay for it. This process is currently well advanced in most countries, usually (and intentionally), without properly informing the public or consulting whether this is what they want or not. The General Agreement on Trade in Services (GATS) is the first and only multilateral regime governing international trade in services. It was negotiated during the Uruguay Round and developed in response to the enormous growth of the services sector over the past thirty years and the increased potential of commercial services through the communications revolution. Financial services The instability of the banking system affects the entire economy. The Financial Services Annex gives governments a very wide range of flexibility to take prudential measures, for example to protect investors, depositors and policyholders, as well as to ensure the integrity and stability of the financial system. The Annex also excludes from the agreement services provided when a government exercises authority over the financial system, for example.B. central banking services.

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