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Financial Services Negotiations Under the General Agreement on Trade in Services (Gats)

Financial Services Negotiations Under the General Agreement on Trade in Services (Gats)
Author: Banking Housing Comm, And
Publisher: Forgotten Books
Total Pages: 98
Release: 2018-02-13
Genre: Reference
ISBN: 9780484237789

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Excerpt from Financial Services Negotiations Under the General Agreement on Trade in Services (Gats): Hearing Before the Committee on Banking, Housing, and Urban Affairs, United State Senate, One Hundred Fourth Congress, First Session, on the Status of the Financial Services Negotiations Opening statement of Chairman d'amato Opening statements, comments, or prepared statements of. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


WTO - Trade in Services

WTO - Trade in Services
Author: Rüdiger Wolfrum
Publisher: BRILL
Total Pages: 816
Release: 2008-02-28
Genre: Business & Economics
ISBN: 904742736X

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With the establishment of the WTO, trade in services became part of the world trade order. Volume 6 is dedicated to these rather recent developments. It covers the core agreement, the General Agreement on Trade in Services (GATS) with annexes, as well as the additional instruments , which have been adopted later on to govern the liberalization in specific sectors. Those are the Understanding on Commitments in Financial Services, the Second Protocol on Financial Services, the Third Protocol on the Movement of Natural Persons, the Fourth Protocol on Basic Telecommunications and the Fifth Protocol, which contains further rules for financial services. This volume will be a valuable reference tool for the WTO community as a whole, as well as for professionals and researchers, who deal with one of the sectors concerned, e.g. financial services and telecommunications. Furthermore, it is highly relevant in view of those sectors, which are the subject of ongoing liberalization efforts or earmarked for future negotiations, namely accounting, legal services, transport, tourism, environmental services, legal and educational services.


Financial Services Negotiations Under the General Agreement on Trade in Services (GATS)

Financial Services Negotiations Under the General Agreement on Trade in Services (GATS)
Author: United States Congress Senate Comm
Publisher: Legare Street Press
Total Pages: 0
Release: 2022-10-27
Genre:
ISBN: 9781018605043

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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.


Financial Services Negotiations Under the General Agreement on Trade in Services (Gats)

Financial Services Negotiations Under the General Agreement on Trade in Services (Gats)
Author: Prof. K. D. Raju
Publisher:
Total Pages: 21
Release: 2005
Genre:
ISBN:

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Financial services are one of the sectors to be opened under the Agreement on Trade in Services (GATS) entered into force on 1 January 1995 along with other WTO Agreements. In the multilateral negotiations developed countries are taken a two-track approach to the liberalization of their financial markets. Developing countries were reluctant to open their markets fully and open for multinational companies. The movement of persons under Mode 4 services are still a stumbling block in the negotiations. The present article intended to analyse the status of financial negotiations in the WTO and examines the performance of Indian banking and insurance sectors and Indian commitments in the WTO. The study concludes that domestic reforms are vital for the full integration of the financial markets in most of the developing countries including India.


Business Guide to the General Agreement on Trade in Services

Business Guide to the General Agreement on Trade in Services
Author: Commonwealth Secretariat
Publisher: Commonwealth Secretariat
Total Pages: 256
Release: 2000
Genre: Business & Economics
ISBN: 9780850925418

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The General Agreement on Trade in Services (GATS) is a historical agreement covering a wide range of international service transactions. In support of further trade negotiations, the Guide also highlights issues in which the business community may wish to provide input as preparations for trade negotiations move forward.


The World Trade Organization and Trade in Services

The World Trade Organization and Trade in Services
Author: Kern Alexander
Publisher: BRILL
Total Pages: 1025
Release: 2008
Genre: Law
ISBN: 9004162445

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The World Trade Organisation plays the primary role in regulating international trade in goods, services and intellectual property. Traditionally, international trade law and regulation has been analysed primarily from the trade-in-goods perspective. Services are becoming an important competence for the WTO. The institutional, legal and regulatory influence of the General Agreement on Trade in Services (GATS) on domestic economic policymaking is attracting increasing attention in the academic and policymaking literature. The growing importance of services trade to the global economy makes the application of the GATS to trade in services an important concern of international economic policy. The GATS contains important innovations that build on the former GATT and existing WTO/GATT trade regime for goods. This book fills a void in the academic and policymaking literature by examining how the GATS governs international trade in services and its growing impact on the regulatory practice of WTO member states. It offers a unique discussion of the major is-sues confronting WTO member states by analysing the GATS and related international trade issues from a variety of perspectives that include law, political economy, regulation, and business. Moreover, the role of the WTO in promoting liberalised trade and economic development has come under serious strain because of the breakdown of the Doha Development Round negotiations. The book analyses the issues in the Doha services debate with some suggested policy approaches that might help build a more durable GATS framework. The book is a welcomed addition to the WTO literature and will serve as a point of reference for academics, policymakers andpractitioners.


The Prudential Carve-Out for Financial Services

The Prudential Carve-Out for Financial Services
Author: Carlo Maria Cantore
Publisher: Cambridge University Press
Total Pages: 545
Release: 2018-06-28
Genre: Law
ISBN: 1108244904

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The World Trade Organization's General Agreement on Trade in Services (GATS) sets out a framework and rules for the liberalization of international trade in services. Paragraph 2(a) of the GATS Annex on Financial Services is generally known as the Prudential Carve-Out (PCO). Notwithstanding GATS obligations, it allows WTO Members to pursue prudential regulatory objectives. This book studies the GATS PCO in light of its negotiating history and economic rationale as well as PCOs in all preferential trade agreements notified to the WTO Secretariat up to the summer of 2017. The author clarifies the state of play of international cooperation on financial services regulation; provides a current understanding of the GATS PCO; analyses how PCOs are drafted in preferential trade agreements and, finally, he seeks to understand whether alternative approaches to the mainstream understanding of the PCO are possible and suggests options for reform.


Reference Note on Trade in Financial Services

Reference Note on Trade in Financial Services
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 17
Release: 2010-07-09
Genre: Business & Economics
ISBN: 149833685X

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This note addresses key issues with respect to trade policy in financial services and its linkages to capital flows, and prudential regulations and supervision under the General Agreement on Trade in Services (GATS), preferential trade agreements (PTAs), and bilateral investment treaties (BITs). The note should help inform the advice that country teams provide on such issues in the context of surveillance, program negotiations, and technical assistance. It is a response to the Executive Board’s call for guidance in this area stemming from the 2009 IEO Evaluation of IMF Involvement in International Trade Policy Issues.


The Regulation of International Trade, Volume 3

The Regulation of International Trade, Volume 3
Author: Petros C. Mavroidis
Publisher: MIT Press
Total Pages: 753
Release: 2020-11-24
Genre: Law
ISBN: 0262360616

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A comprehensive analysis of GATS that considers its historical context, the national preferences that shaped it, and a path to a GATS 2.0. The previous two volumes in The Regulation of International Trade analyzed the General Agreement on Tariffs and Trade (GATT), the first successful agreement to generate multilateral trade liberalization, and the World Trade Organization (WTO), for which the GATT laid the groundwork. In this third volume, Petros Mavroidis turns to the General Agreement on Trade in Services (GATS), a WTO treaty that took effect in 1995, and offers a comprehensive analysis that considers the historical context of the GATS, the national preferences that shaped it, and a path to a GATS 2.0.