The Preferential Liberalization of Trade in Services

The Preferential Liberalization of Trade in Services

Comparative Regionalism

Edited by Pierre Sauvé and Anirudh Shingal

The book’s core focus is on comparative scholarship, directing attention to the substantive features of services PTAs around the globe and exploring the iterative nature of rule-making and market opening in a still nascent field of trade diplomacy. It advances a number of ideas on how to multilateralize PTA advances in services and takes stock of the likely impact on the WTO system of ongoing attempts at crafting a plurilateral agreement on trade in services.

Chapter 10: Reflections on the nature of preferences in services

Pierre Sauvé and Anirudh Shingal

Subjects: law - academic, international economic law, trade law

Abstract

This chapter takes stock of the forces that lie behind the recent rise of preferentialism in services trade. Its initial focus is on a number of distinguishing features of services trade that sets it apart from trade in goods and shapes trade liberalization and rule_making approaches in the services field. The chapter then documents the nature, modal and sectoral incidence of the trade and investment preferences spawned by PTAs in services. It does so with a view to addressing the questions of whether and how the preferential treatment of services trade is truly preferential in character and effect. Finally, the chapter addresses a number of considerations arising from attempts to multilateralize preferential access and rule_making in services trade.

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