A brief description of TiSA and the implications of the agreement
This article presents an overview of a new Agreement on Trade in Services, which is still under negotiation. Topics addressed in this paper are as follows: (a) Why is a new agreement on trade in services necessary? (B) What will be the architecture of the new agreement and how it differs from the Ge...
| Main Authors: | , |
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| Format: | Article |
| Language: | ron |
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Institute for World Economy
2016-10-01
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| Series: | Revista de Economie Mondială |
| Subjects: | |
| Online Access: | http://iem.ro/rem/index.php/REM/article/view/537/615 |
| Summary: | This article presents an overview of a new Agreement on Trade in Services, which is still under negotiation. Topics addressed in this paper are as follows: (a) Why is a new agreement on trade in services necessary? (B) What will be the architecture of the new agreement and how it differs from the General Agreement on Trade in Services (GATS) of the WTO? (C) What topics are considered as possible problematic by states participating in the negotiations? The article points out that the necessity of the TiSA agreement has its roots in the failure to complete negotiations on services under the Doha Round, and adopting this plurilateral agreement would simplify business relationships among member countries and set a new global standard for trade in services. |
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| ISSN: | 2343-9521 2343-9521 |