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  • Cited by 1
  • Print publication year: 2012
  • Online publication date: November 2012

8 - Trade in services

Summary

The services chapter of the Trans-Pacific Partnership (TPP) overlaps, or should be viewed in tandem with, several other chapters in the proposed agreement (e.g. the chapters on investment, financial services, telecommunications, e-commerce, regulatory coherence and business mobility). Supply chain connectivity is another closely related area of the negotiations. We do not confine our analysis and comments here strictly to the specifics of the services chapter on its own, but try to take a holistic view of what the TPP means for international trade in services.

Any attempt to understand what the TPP means for trade in services – and whether it facilitates development of a framework which will encourage international trade – involves an understanding of the setting against which the negotiations have taken place. For complex reasons, the immediate backdrop is that over ten years of services negotiations in the WTO have yet to produce conclusive results. Existing General Agreement on Trade in Services (GATS) commitments date from the Uruguay Round, since then there has been much autonomous liberalization, but little of this has been captured to date in the WTO. Offers in the Doha Round have fallen well short of initial expectations. Similarly, efforts in the WTO to improve GATS rules and disciplines have made limited, or in some cases no, progress.

References
Carzaniga, A. 2008 Marchetti, Roy, Opening Markets for Trade and Services: Countries and sectors in bilateral and WTO negotiationsCambridge University Press
Fink, C.Molinuevo, M. 2007 East Asian Free Trade Agreements in Services: Roaring Tigers or Timid Pandas?Washington, DC:The World Bank.
Gootitz, B.Mattoo, A. 2009 Services in Doha: What’s on the table?Washington DCThe World Bank
Marchetti, J. 2008 Marchetti, Roy, Opening Markets for Trade and Services: Countries and sectors in bilateral and WTO negotiationsCambridge University Press
Marchetti, J.Roy, M. 2008 Opening Markets for Trade in Services: Countries and sectors in bilateral and WTO negotiationsCambridge University Press
Roy, M.Marchetti, J.Lim, A.H. 2007 Services Liberalization in the New Generation of Preferential Trade Agreements (PTAs): How much further than the GATS?World Trade Review 6 155
Stephenson, S. 2007 http://servicesaustralia.co/file_download/73/regulatory-disciplines-sherry-stephenson-may-07.ppt
Tuthill, L.Sherman, L.B. 2008 Marchetti, Roy,
2006