Gats Agreement Full Text

These are additional agreements negotiated after the Uruguay Round and annexed to the general agreement on trade in services. There is no “first protocol.” The corresponding appointments can be ordered at the online bookstore. Some activist groups believe that GATS risks undermining the ability and authority of governments to regulate commercial activities within their own borders, which will lead to the flight of power from the commercial interests of citizens. In 2003, the GATSwatch network published a critical opinion, supported by more than 500 organizations in 60 countries. [1] At the same time, countries are not required to enter into international agreements such as the GATS. For countries that like to attract trade and investment, 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 for large-scale corruption. [2] Most WTO agreements are the result of the 1986/94 Uruguay Round negotiations, which were signed at the ministerial meeting in Marrakech in April 1994. There are about 60 agreements and decisions with a total length of 550 pages. These schedules include commitments made by the various WTO members, which allow certain foreign products or suppliers to access their markets. Calendars are an integral part of the agreements. In the printed version, these calendars cover approximately 30,000 pages for all WTO members.

The original agreement on merchandise trade, now incorporated into the 1994 GATT (see above), has since produced additional legislation such as the Information Technology Agreement, services and membership protocols. New negotiations were initiated at the Doha Ministerial Conference in November 2001. The agreement is also based on the principle of dealing with issues. In the sectors listed on each member`s list, each Member State treats, under its conditions, products from another Member State no less favourably than its own domestic products. The rules on market access and national treatment are not general requirements, but specific obligations contained in the calendars attached to the GATS and are an integral part of the agreement. These schedules define the services and services for which market access is provided and define the conditions for that access. After consolidation, these obligations can only be amended or withdrawn after negotiating compensation with the country concerned. In addition, members who enter into a free trade agreement or customs union can liberalize trade in services among themselves without having to extend the agreement to other GATS members. However, their bilateral or regional agreement must have significant sectoral coverage and aim to reduce or avoid discrimination. The agreement is based on the principle of the treatment of the Most Favoured Nation (MFN), according to which each Member State does not treat the enterprises of another Member State less favourably than its own or those of other countries. However, there are exceptions for certain service activities in a list of exceptions to the MFN requirement.

In fact, any government could impose restrictions on foreign companies` access to their markets.